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EV Firm Ather Energy S Losses Swell 2 5 Times To Reach Rs 865 Cr In FY23

EV Firm Ather Energy S Losses Swell 2 5 Times To Reach Rs 865 Cr In FY23
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

EV firm Ather Energy s losses swell 2 5 times to reach Rs 865 crore in FY23

Founded in 2013 by IIT Madras alumni Mehta and Swapnil Jain, Ather is backed by Hero MotoCorp, GIC, NIIF, Sachin Bansal, and Tiger Global. Get more Companies News and Business News on Zee Business.

EV firm Ather Energy s losses swell 2 5 times to reach Rs 865 cr in FY23 #newkerala(108270)

EV firm Ather Energy s losses swell 2 5 times to reach Rs 865 cr in FY23 #newkerala(108270)
newkerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newkerala.com Daily Mail and Mail on Sunday newspapers.

Ather Energy s Loss Shoots Up 2 5X To INR 865 Cr IN FY23

Operating revenue of Ather ballooned 4.3X to INR 1,783.6 Cr in FY23 from INR 408.5 Cr in the previous fiscal year.

EVs going mainstream, fire incidents help industry mature: Ather Energy CEO

The Hero MotoCorp-backed firm expects that by the end of this decade up to 30 million electric two-wheelers would be sold in India and Ather Energy would invest a "lot more" for capacity growth over the next few years.

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