Ather Energy sales up 389% y-o-y in December

BL Bengaluru Bureau Updated - January 01, 2023 at 07:24 PM.

Ather continued expanding its retail footprint, adding 14 new outlets, and are now present in 70 cities with 89 Experience Centres

In December, the EV maker introduced Ather Electric December that offers customers benefits, financing options, and exchange programs

Electric scooter maker Ather Energy said it sold 9187 units in December 2022, recording a 389 per cent year on year (y-o-y) growth.

In December, the EV maker introduced Ather Electric December, a month long program that offers customers benefits, financing options, and exchange programs. It also expanded its retail presence by inaugurating 14 Experience Centres (ECs) across cities including Nellore, Karimnagar, Udupi, Noida, Kottayam, and Shimoga. 

“We exit the year with strong sales momentum, and despite an industry dip of almost 40 per cent in two-wheeler sales, our December retails grew by 26 per cent over November. Importantly, Tier 2-3 markets continue to show strong adoption rates, which augurs extremely well for EV adoption across the country,” said Ravneet Singh Phokela, Chief Business Officer, Ather Energy.

Expanding footprint

Ather continued expanding its retail footprint, adding 14 new outlets, and are now present in 70 cities with 89 ECs . With the year turning, continued industry momentum, and some exciting news lined up in January, we expect it to be a bumper month for Ather, he added. 

In November 2022, Ather Energy sold 7,234 units, registering a 260 per cent y-o-y growth. It also launched its second manufacturing facility in Hosur and introduced a financing scheme in partnership with IDFC Bank to enable customers to own the Ather 450X at an EMI. It expanded its retail presence with the inauguration of nine ECs in Salem, Dwarka, Gurugram, Hassan, Patna, Bangalore, Jamnagar, and Tuticorin.

Published on January 1, 2023 13:06

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