Bangalore-based electric two-wheeler startup Ather Energy sold a total of 11,754 electric scooters last month. Ather’s sales rose by over 353 per cent Year-over-Year while Month-over-Month dropped ever so slightly by 3.2 per cent.
Ather Year-over-Year numbers rose sharply by 353.6 per cent (9,163 units) as 11,754 new electric scooters from the firm’s 450 lineups of premium electric scooters found their way to new homes last year. Ather Energy sold a total of 2,591 units in March 2022.
However, Ather’s Month-over-Month metrics saw the firm dip into the red. Ather Energy’s sales numbers for March 2023 fell short of its February numbers by 393 units or 3.2 per cent.
Ather had a rather busy month of April as it rolled out its new software updates to every Ather as announced in its town hall session with customers the previous month.
Ather Energy also announced a partnership last month with Southern Railway that will see the Bangalore firm set up 10 of its Ather Grid fast charging stations across 10 Mass Rapid Transit System (MRTS) and Suburban stations in Chennai.
The financial year 2022-23 proved to be a successful one for Ather Energy as the Bangalore firm chalked up sales numbers of 82146 units in FY 2023. Ather’s Y-o-Y sales rose by 311.32 per cent compared to FY 2022 when it sold just 19,971 units.
Speaking about Ather Energy’s FY 2023 performance, Ravneet Singh Phokela, Chief Business Officer, Ather Energy said, “FY23 has been phenomenal for the EV industry, with 2W EVs expectedly leading the way. At Ather, we witnessed significant growth, with retail sales of 82,146 vehicles. This is despite a very soft first 6 months in this FY on account of chip shortage that severely limited our production volumes. We close this year strongly with 11,754 units delivered in March, a 353% year-on-year growth, and we expect this momentum to continue in FY24.
We also expanded our retail footprint by 4X this year, from 30 stores to 116 now. For faster adoption of EVs, Ather set up an additional 911 public fast-charging points in FY23 and now has 1224 grids across the country, making it India’s largest fast-charging network for 2-wheelers. Last month, we also partnered with Southern Railways to set up charging stations across 10 MRTS and suburban stations in Chennai.”
Final Thoughts On Ather Energy’s Sales For March 2023
Ather Energy continues to grow quickly and steadily. With the opening of its new facilities in Tamil Nadu, Ather looks set to push the sales chart’s boundaries once again in FY24.
Keyword: Ather Energy Grows By Over 353% In March As It Sells 82,146 Scooters In FY23