Ather Energy Invests ₹500 Crore to Develop Monarc New Scooter Platform
Ather Energy said it has invested over ₹400–500 crore to develop its latest EL scooter platform and its first mass-market e-scooter Konarc, with Monarc as the next platform step. The company also outlined plans for a 200 km version of Ather S and a feature-rich Z model with a 125 km IDC range. CEO Tarun Mehta said platform work began in 2019 and was restarted around 2024, with product investments to follow.