Ather Energy

Electric scooter manufacturer Ather Energy reported a significant improvement in its financial performance for the second quarter (Q2), with net losses narrowing to Rs 154 crore, compared with Rs 342 crore in the same period last year. The Bengaluru-based company attributed the improvement to robust revenue growth, cost optimization, and operational efficiencies. Revenue from operations rose sharply to Rs 1,753 crore, driven by strong demand for its electric two-wheelers and expanding retail footprint.

Ather Energy has expanded its product line-up with the launch of two electric scooter models—Rizta and the refreshed 450—introducing a flexible Battery-as-a-Service (BaaS) pricing structure. The Rizta is priced at Rs. 76,000, while the 450 starts at Rs. 84,000 under the BaaS plan, allowing customers to pay separately for battery usage. This move is designed to make electric mobility more accessible by reducing the upfront cost of ownership, while maintaining Ather’s premium performance and design standards.

Ather Energy, the Bengaluru-based electric two-wheeler manufacturer, has reached a major milestone by crossing the one lakh unit sales mark for its Rizta scooter. In celebration, the company has unveiled a new variant of the Rizta S, now equipped with a larger 3.7 kWh battery. This model offers an extended range of 159 km per charge, making it an attractive proposition for urban commuters seeking a practical and affordable electric scooter. Priced at Rs.