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Ather 450X

A zero compromise high performance electric vehicle

June 2021
Gallery Ather 450X 1
Gallery Ather 450X 1
01.

Identification

India has the second largest motorised two-wheeler market and intelligent electric vehicles are the natural evolution of the automotive industry. With the scooter category (non-geared) alone looking to grow to 16 million by 2025, the potential to replace traditional ICE scooters with high performance electric alternatives is significant. The Ather450X is a zero compromise, high performance electric scooter. The solution is using new innovative ways to disrupt the auto industry, using technology and intelligence to provide a holistic and delightful experience from pre-purchase to a hassle free post purchase experience. The solution offers a first of its kind business model in the two-wheeler industry by offering new purchase and financing options including subscription, lease and loan options for the customers. This solution offers huge potential to reduce emissions from road transport whilst delivering cleaner air.

Sector

Application

Label Date June 2021
From India
Maturity stage Medium and large scale commercialization
Looking For Network, New clients, Visibility, Funding, Partners, Credibility

Sectors - Value chain - Application

Sectors
Applications
Design, Power & Produce
Package & Distribute
Use & Efficiency
Valorize & Restore
Value Chain Steps
  • /
02.

The environmental benefits

  • Charges at 1.5km per minute, making it the fastest charging rate in the electric two-wheeler category
  • Can cut emissions by almost 60% compared to traditional motorised scooters
03.

The Financial benefits

  • 15% cost savings against the mainstream alternative solution over a period of 5 years
  • Zero road tax, and an additional state subsidy of INR 15,000 in some Indian states, provides an additional discount of 10-12% on the sales price
  • Can go from 0 to 40 kmph in just 3.3 sec in Warp mode
04.

Activity Region

  • /

Asia

India,

  • Headquarters
  • Activity
05.

Labeled Solutions in the news!

Ather Energy extends free charging till December 2021: 500 fast chargers by March 2022

Ather Energy essentially kick-started the premium electric scooter segment in India. The Bengaluru-based start-up has been putting equal focus on the expansion of its charging infrastructure called Ather Grid. So far, Ather Energy has installed over 200 fast charging points in 24 cities across India.

Ather Energy partners BLive to push EV adoption across tourist destinations

Bengaluru-based EV startup Ather Energy has collaborated with EV retail platform BLive. Both companies will set up EV charging infrastructure across the locations and focus on convenient bookings of Ather's electric scooters. At least 15 charging stations, called BLive EV Zones, will be set up across Goa by the end of this year.

Hero MotoCorp to adopt Ather Energy’s fast-charging tech for its upcoming electric two-wheelers

Ather Energy adds 200 fast chargers in India, offers free charging till year-end

Ather Energy has added 200 Ather Grid fast-charging units across the country. The Bengaluru-based electric scooter manufacturer claims it is now one of the largest fast- charging networks for electric vehicles in India.

Ather Energy to launch new EVs, ramp up production, expand sales network

Ather Energy currently produces 450X and 450 Plus electric scooters in the country. It plans to expand this range with more variants. The Bengaluru-based firm is backed by the likes of HeroMoto Corp and Flipkart founders Sachin and Binny Bansal.

After Ather, Hero MotoCorp to invest in Gogoro's EV battery swap technology

Hero MotoCorp has decided to invest in a company that has pioneered EV battery swap technology. The investment will increase total funding to 285 million dollars, according to a regulatory filing. This is the second big investment announced by Hero MotoCorp within a week.

Ather Energy acquires rights to AiKaan’s OTA platform

Electric two-wheeler start-up Ather Energy has secured the rights to the AiKaan OTA (over-the-air) platform from its partner AiKaran Labs Pvt Ltd. AiKan is a software solution to monitor, manage, securely access, and upgrade IoT edge devices.

Hero MotoCorp to invest up to Rs 420 Cr in Ather Energy

Hero MotoCorp said its board has approved to further invest up to Rs 420 crore or $57 million in electric scooter manufacturer Ather Energy. The Pawan Munjal-led group was the primary investor in ATher Energy’s Series B fundraise in 2016 and owns around 35% stake.

Ather Energy starts retailing its electric scooter, the Ather 450X, in Thiruvananthapuram, Kerala

Ather Energy to set up second manufacturing plant, targets 400k electric scooters annually

Ather Energy aims to manufacture 400,000 units per annum of its 450X and 450 Plus e-scooters. The company has committed to invest Rs 650 crore in the next five years to enhance operational efficiency and production capacity.

Two-wheeler EV startup Ather Energy to go for IPO in 24 months

The company is targeting an annual revenue run rate of $3 billion in two years. Ather has an agreement with its key investor, Hero MotoCorp, which has a 35 per cent stake in the startup.

India's Ather targets 1 million electric scooters a year as demand soars

Ather Energy, India's top electric scooter maker by revenue, is raising funds to ramp up annual production to one million scooters over the next three years. The company has raised about 12 billion rupees ($160 million) since its inception in 2013. Sales of electric scooters surged more than five-fold in India last year, as high fuel prices push buyers to look for alternatives.

Ola, Ather, Tata, and more: Top 10 Indian companies facilitating EV transition in India

Ather Energy opens its 23rd India experience center in Hubli: All details

Ather Energy has inaugurated its new retail outlet – Ather Space at Bhairidevarkoppa, Hubli. Ather 450X and 450 Plus electric scooters will be available to test ride and purchase. This will be the brand’s fourth retail outlet in Karnataka, after having two in Bengaluru and one recently opened in Mysore.

06.

Company Profile

Ather Energy

Ather Energy is an Indian electric vehicle company, designing and building intelligent electric scooters.

View company profile Solution website
Headquarters Bengaluru, Karnataka 560029, India
07.

Networking Partner

Global Business Inroads

Global Business Inroads (GBI) is an international business, technology and innovation management consultancy, based in India, Europe, UK and USA that is specialized in technology access and deployment.

View partner profile
Solutions Associated 2
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.