ATHERENERG

Better after-sales support

⚡ About Ather Energy Bengaluru-based electric scooter manufacturer Founded in 2013 Key products: Ather 450 series, Ather Rizta Backed by Hero MotoCorp Competes with Ola Electric, TVS, Bajaj 📰 Latest News & Developments (2026) 🛠️ 1. Massive service network expansion Ather has expanded to 500+ service centres across India Almost doubled from ~277 centres in FY26 Focus: Better after-sales support Faster servicing (ExpressCare ~60 min service) Target: further expansion as sales grow 👉 Strong positive for customer experience & brand trust 📈 2. Strong sales growth & improving profitability Sales surged significantly during festive season Revenue growth ~50% YoY in recent quarter Losses sharply reduced EBITDA margins improved from deep negative to near breakeven 👉 Indicates path toward profitability