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Ather to restart dealership expansion in Nov-Dec, has 100 LOIs: CBO

1 source · first seen 20:22 25 Sept · updated 20:22 25 Sept

The brief

Written from 1 report · check the source before you trade
  • Ather plans to restart dealership expansion in Nov-Dec and has 100 LOIs
  • Monthly capacity is set to rise to about 77,000 scooters as its Maharashtra plant starts production
  • More competition in electric two-wheelers may affect listed Indian automakers and component makers

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Part of a developing story3 updates

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.

Friday, 25 September

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    Ather to restart dealership expansion in Nov-Dec, has 100 LOIs: CBO

Read the reports

1 report · earliest 20:22
Business StandardAther to restart dealership expansion in Nov-Dec, has 100 LOIs: CBO20:22