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Ather expects scooter supply gap to persist while ramps Aurangabad plant

Ather Energy logoAther Energy
Sig3.15Sen+2.35Env+1.75Soc+0.30Gov0.00

Ather Energy expects demand for its electric scooters to keep outstripping current production for another three to four quarters as it scales up at its new Aurangabad plant. Monthly demand is over 50,000 units versus about 35,000 capacity now, with the Konarc launch widening the gap. The company targets up to 77,000 per month once Phase-I starts, and extends its battery warranty to 10 years with a 70% range guarantee.

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