What next for Ather? A Hero subsidiary status? ๐ ๐
With the latest development, that has never been more likely.
Let's dive in!
..
Whenever Ather Energyโs in need of more money, Hero pounces in.
-> This was evident in the Sep rights issue where
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Anonymous 7
Hey I am on Medialย โขย 11m
It's actually pretty smart how Hero has gotten an entire EV subsidiary up and running by just backing Ather versus developing something in-house
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Jayant Mundhra
ย โขย
Dexter Capital Advisorsย โขย 11m
What next for Ather? A Hero subsidiary status? ๐ ๐
With the latest development, that has never been more likely.
Let's dive in!
..
Whenever Ather Energyโs in need of more money, Hero pounces in.
-> This was evident in the Sep rights issue where
Well if you compare OLA electric with other EV brands like Ather, then it's leading the market. Comparing OLA with Hero or Indusind bank doesn't make sense since they operate in different genre.
6 replies7 likes
Gautam Ambani
Money Magnetย โขย 11m
What do you think guys, big boys such as TATA, MAHINDRA, EXIDE, AMARA RAJA, GETSUN POWER, etc. will let other new babies play the game in EV Sector? Because, I'm seeing that this well established Big Boys have created or creating entire in-house eco
๐จ Ather IPO Alert ๐ต
โก๏ธRaised โน1,340 Cr from anchor investors (SBI, ADIA, Franklin, Morgan Stanley)
โก๏ธHero MotoCorp is the biggest shareholder (~38%)
โก๏ธFY24: โน1,753 Cr revenue, โน1,062 Cr loss
โก๏ธValued at ~$1.44B
EV wave is going public โ are you w
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0 replies7 likes
Swayam Chatterjee
Boring personย โขย 11m
Why India's OG Electric Scooter Company is Failing?
Founded in 2013 by Tarun and Swapnil, Ather initially aimed to build a battery company. However, they shifted their focus to creating electric vehicles due to existing EVsโ poor performance and de
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6 replies14 likes
Vaibhav Babruwan Shingde
Studentย โขย 1y
Let's Decode Ather Energy ๐คฏ๐๐ฒ
Today I saw various Ather Energy Scooters like 450 Plus and 450X and decided to make on Ather Energy ๐๐คฏ๐.
Introduction:
โข Ather Energy, established in 2013 in Bangalore, India, specializes in electric scooters.
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41 replies21 likes
Jayant Mundhra
ย โขย
Dexter Capital Advisorsย โขย 7m
Attrition at Ola Electric is 2.5x of Ather, 5x of TVS and 12x of Hero ๐๐
The employee attrition woes at Bhavishโs company are simply too big to ignore, now that it is a public company.
..
At 47.48%, for those who may not get it, this implies tha
Wow Ola Electric sale rises to 170% from last month where total sale of electric scooter rises 72 % .
Feb: 8,653 units
March: 23,430 units
Now Ola has 20% market share
Bajaj remains at top with 30% market share.
Feb: 21,537 units
March: 34,8
In many developing and underdeveloped countries, bootlicking and hero worship are pretty common. People often feel the need to flatter or idolize those in power because thatโs how they survive or get ahead. When power is concentrated in the hands of
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1 replies5 likes
SHIV DIXIT
CHAIRMAN - BITEX IND...ย โขย 4m
Idea For You Implement Nowโ
โ All In One EV maintenance and repair hub โ
So guy's according to my research Ev vehicle's and charging stations are increasing everywhere in India and globally because hundreds of companies and countries are investing