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Ather Energy is racing ahead while still bleeding cash
Mint Bangalore
|September 03, 2025
Catching up
The race for dominance in India's electric two-wheeler (E2W) market is heating up, as Ather Energy Ltd has nearly matched the monthly sales volumes of rival Ola Electric Mobility Ltd. According to Vahan data, Ather achieved its best-ever monthly retail sales of 17,856 units in August, closing in on its pure-play EV rival Ola Electric, which sold 18,972 units during the same period. Notably, Ola's sales declined by 31% year-on-year, while Ather's surged 62%, despite its focus on the premium segment.
Dit verhaal komt uit de September 03, 2025-editie van Mint Bangalore.
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