Ather Energy, a Bengaluru-based electric vehicle (EV) startup, has emerged as a significant player in India’s rapidly evolving EV landscape. Founded in 2013 by IIT Madras alumni Tarun Mehta and Swapnil Jain, Ather has been at the forefront of designing and manufacturing intelligent electric scooters, notably the Ather 450 series. Financial Performance In the fiscal…
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Comparable Company Analysis Report: Indian EV Two-Wheeler OEMs 2022
India is poised for an exceptional revolution in electric mobility. In terms of the number of companies, the Indian EV market holds the third position globally, trailing behind the United States and China. This transformation is fueled by factors such as increasing fuel prices, growing environmental concerns, government initiatives, declining battery costs, technological advancements, infrastructure…
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