Tag: Ather scooter price

Ather Energy will accelerate new model launches at home and test export markets, its CEO Tarun Mehta told Reuters, raising new funds to boost growth after the government lowered subsidies for the vehicles.India's electric scooter market is small but growing, with e-models accounting for 5 per cent of total scooter and motorcycle sales in the last fiscal year against a government target of 70 cent by 2030.But in a surprise move in May, the government, without explanation, slashed cash incentives on the vehicles to a maximum of 15...