Electric, And How!
Forbes India|October 11, 2019
Because Ather Energy has built its electric scooters from scratch, it is defining what an electric two-wheeler is capable of being
Harichandan Arakali
Electric, And How!

When we started Ather, five years ago, it was a daunting challenge that we were preparing ourselves for—that we will build this cool vehicle, but most people will come in with the expectation that ‘electric isn’t fun and it will be a poor experience,’” says Tarun Mehta, co-founder and CEO of Bengaluru’s Ather Energy. “And we were preparing ourselves to educate potential customers about Ather’s scooters.”

Five years on, customers have surprised Mehta, and co-founder and CTO Swapnil Jain, by opting mostly for the more expensive Ather 450 (₹1,13,715 on-road in Bengaluru) over the cheaper Ather 340 (₹1,02,460). It is a sign that electric vehicles (EVs) are being seen as genuine upgrades, Mehta adds. Because he is betting on the electric scooter market really taking off in India in the next few years—the company, however, does not divulge its sales figure—Ather is investing in a new factory to manufacture close to half a million scooters a year. At present, their Bengaluru factory has a capacity of 30,000 units a year. The new factory is expected to be in one of the southern Indian states.

The key to Ather’s success will be its product development prowess and after-sales customer experience, with features such as unobtrusive software updates on the go, says Mehta. He adds that more upfront investments in deep research and development [R&D] will be needed in the country—as against just selling imported scooters— if India aspires to build a strong ecosystem of EV manufacturing.

Esta historia es de la edición October 11, 2019 de Forbes India.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición October 11, 2019 de Forbes India.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE FORBES INDIAVer todo
Home-Cooked Meal Is Now Greatly Valued
Forbes India

Home-Cooked Meal Is Now Greatly Valued

The pandemic has also brought with it an improved focus on hygiene, use of technology in dining, rise of cloud kitchens and resurgence in popularity of Indian ingredients

time-read
8 minutos  |
May 21, 2021
Paytm 3.0 - Reaching Near Breakeven In Two Years
Forbes India

Paytm 3.0 - Reaching Near Breakeven In Two Years

As of 2020, Vijay Shekhar Sharma’s super app for financial services had run up losses in thousands of crores. Now, as digital payments gets yet another boost courtesy Covid-19, he’s hopeful of reaching near breakeven in two years

time-read
10+ minutos  |
June 4, 2021
THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN
Forbes India

THE PANDEMIC HAS CAUSED WOMEN GREATER LABOUR PAIN

Covid-19 has shown that women are more likely to face the brunt of job losses than men, and find fewer opportunities when they want to resume. That apart, several have to deal with increased hours of unpaid work at home and even domestic abuse

time-read
8 minutos  |
May 21, 2021
LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE
Forbes India

LEADERSHIP WILL BE ABOUT SEEING THE BIGGER PICTURE

Leaders must not only guard their teams first during a crisis, but also deal with stakeholders with respect and dignity. And apart from pursuing business goals, they should remain committed to our planet and the environment

time-read
7 minutos  |
May 21, 2021
PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST
Forbes India

PHILANTHROPY SHOULD BE HUMBLE, BUT NOT MODEST

Apart from building a flexible and resilient framework for the future, philanthropists, civil society and the government must work in tandem so that every rupee is absorbed on the ground

time-read
9 minutos  |
May 21, 2021
INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR
Forbes India

INTEGRATED HEALTH CARE, TECH WILL DISRUPT SECTOR

While clinical research will get a boost, having a skilled workforce and public spending on health care will be challenges in the near term

time-read
8 minutos  |
May 21, 2021
DIGITALISATION WILL HELP IN VALUE CREATION
Forbes India

DIGITALISATION WILL HELP IN VALUE CREATION

As the pandemic brings technology and innovation to the core of business and daily life, the next decade will see about 150 million digital-first families in India

time-read
8 minutos  |
May 21, 2021
Industry 4.0: Climate Revolution?
Forbes India

Industry 4.0: Climate Revolution?

Augmenting sustainability alongside digital capabilities is an economic, competitive and global opportunity for India’s businesses, but regulations need to reflect intent

time-read
10 minutos  |
June 4, 2021
EV Dream Still Miles Away
Forbes India

EV Dream Still Miles Away

Electric vehicles have remained a buzzword in India for years. But not much has moved on ground due to high upfront costs, range anxiety and charging infrastructure

time-read
6 minutos  |
June 4, 2021
Living Waters
Forbes India

Living Waters

A virus has caused us to scramble for oxygen but our chokehold on the environment is slowly strangling the very waters that breathe life into us. The virus is a timely reminder: We are merely consumers, not producers of life’s breath on this planet

time-read
4 minutos  |
June 4, 2021