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Expansion▲ Bullish for Ather
Konarc to drive over half of Ather's sales in 2 years as EV maker targets ICE scooter buyers; priced at ₹99,999
| Stock | Traded | That day | vs Nifty | Volume | Since |
|---|---|---|---|---|---|
| ATHERENERG | Tue, 29 Sept | −3.3% | −3.0% | 1.1× | −3.3% · Nifty −0.3% |
✗ Classifier read this as positive; ATHERENERG fell 3.0% against the Nifty on the day it traded.
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Ather Energy’s overseas expansion and dealership plans
Ather plans an aggressive overseas push, including exports to Asia and Latin America, while prioritising India amid current demand-supply constraints. It expects monthly capacity to reach about 77,000 scooters as its Maharashtra plant starts production and has 100 dealership letters of intent.
Tuesday, 29 September
- Konarc to drive over half of Ather's sales in 2 years as EV maker targets ICE scooter buyers; priced at ₹99,999