Ather Energy Limited has informed the Exchange regarding a press release dated Jun 02, 2025, titled "Ather Energy Limited now has 55 Experience Centres in Maharashtra".
ATHERENERG · price
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Ather Energy has crossed a milestone by opening its 55th Experience Centre in Maharashtra, located in Dharashiv, with 16 new centres added in the last two months across towns like Vasai, Wardha, Solapur, Nashik, and Bhusawal. The company also operates 39 Service Centres in the state, including 3 Gold Service Centres, and has 524 Ather Grid fast-chargers in Maharashtra as of March 31, 2025, part of its 3,578-strong charging network across India. Demand is being driven by the Rizta family scooter and the newly launched 2025 Ather 450 lineup, priced from Rs 1.08 lakh (Rizta S) to Rs 1.50 lakh (Rizta Z 159km range) ex-showroom Pune. The company is also building a third manufacturing facility in Bidkin, Maharashtra, which will lift total capacity to 1.42 million electric two-wheelers per year.
This signals continued retail and charging network build-out in a key market, supporting volume growth for the Rizta and 450 lineup. For shareholders, the expansion and upcoming Bidkin plant point to scaling revenue potential, though execution and cost discipline will determine margin trajectory.