Back to feeds

Jayant Mundhra

ย โ€ขย 

Dexter Capital Advisorsย โ€ขย 8m

Ather declares war on Bajaj with its new manufacturing plant! ๐Ÿ™Œ๐Ÿ™Œ Ather is said to have zeroed down on Maharashtraโ€™s Aurangabad, which is already an automotive manufacturing hub. This 3rd plantโ€™s location is a big event in itself, and merits a discussion. Hereโ€™s all you should know! .. First of all, Maharashtra is not just any state to build an EV factory. -> Maharashtra is also Indiaโ€™s No.1 state in terms of EV sales -> Plus, itโ€™s well connected to another major EV market, which is Gujarat -> And, with the stellar connectivity to the North provided by the Delhi-Mumbai Expressway, the plant will be well-suited to cater to several other states. .. And the best part? Aurangabad being an auto manufacturing hub means, there is ready availability of skilled personnel and supplier ecosystem to tap on. This could significantly reduce Ather's hiring costs and time, enabling them to ramp up production faster. Those are big factors. .. But, that said, how is any of this a declaration of war against Bajaj? ๐Ÿ˜…๐Ÿ˜… Think this way: -> Bajaj commands ~13% of the market share in EV scooter market -> But, if one dives in, most of their sales are limited to Maharashtra alone -> It manufactures it all in Puneโ€™s Chakan, and sells most of it in the State, and a few scooters here and there .. In fact, Bajaj is the No.1 EV scooter seller in Maharashtra. Most people just donโ€™t know that. And with its biggest plant yet now coming up in the State, Ather is eyeing Indiaโ€™s No.1 EV market, which Bajaj has swooped in over the last 2yrs. The message is clear for Bajaj- Brace up for the competition! .. My only hope? -> The increased competition leads to more affordable and innovative electric scooters. -> That will expand the market, and give consumers more options to choose from. Hope Bajaj responds in that way What do you think?

3 replies14 likes
Replies (3)

More like this

Recommendations from Medial

Anonymous
Image Description
Image Description

Ather recently announced to build ev factory in chatrapati sambhaji Nagar Maharashtra. What are your thoughts??

5 replies10 likes
1
Image Description

Shubham Khandelwal

Stealthย โ€ขย 7m

GDP of Indian States. Maharashtra is the first Indian State to hit $500 Billion GSDP.

1 replies8 likes
2
Image Description
Image Description

Sunil B

Stealthย โ€ขย 10m

Suggest an EV vehicle which is better performance all around. If you have TVs and Ather in your mind then suggest to me why and why not to buy?

7 replies10 likes
Anonymous
Image Description
Image Description

Maharashtra Becomes The first state to reach $500 Billion GDP - DCM Devendra Fadanvess.

3 replies8 likes
Image Description

Mridul Das

Stealthย โ€ขย 3d

Tesla is coming to India.It's official now....! Tesla has started searching land to set up an electric โšก (EV) manufacturing plant, with Maharashtra as it's first choice. -Pune preferred due to suppliers & existing office. -Seeking tariff concession

See More
1 replies20 likes
2
Anonymous
Image Description
Image Description

In Bangalore, engineer Tarun Mehta co-founded Ather Energy to revolutionize electric mobility. Overcoming skepticism, they launched the Ather 450 in 2018, India's first smart electric scooter. Facing challenges of manufacturing and scalability, Tarun

See More
3 replies19 likes
1
Image Description
Image Description

Swayam Chatterjee

Stealthย โ€ขย 8m

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

See More
6 replies14 likes

IKBC Promotions

Stealthย โ€ขย 2m

1st Ever Licensed Professional Boxing Academy in Maharashtra State. Licensed By Indian Boxing Council.

0 replies2 likes

Applyly

Stealthย โ€ขย 2m

Electric Scooter Wars: Rajiv Bajaj Trolls Ola Electric Scooter Wars: Bajaj MD Rajiv Bajaj Trolls Ola with Bold Claim Electric two-wheeler market share in India is becoming more and more competitive. Recently, the MD of Bajaj Auto, Rajiv Bajaj, made a

See More
0 replies2 likes
Anonymous

Hi, I am planning to buy an ev 2 wheeler and I stay in bangalore despite having the knowledge of the traffic here. And I'm confused between simple dot one and ather rizta. Need a direction to ride a new experience...

0 replies1 like

Download the medial app to read full posts, comements and news.