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Ather Energy Forays into 125-300cc Electric Motorcycle Market
Ather Energy enters the sustainable ecosystem with the announcement of 125-300cc electric motorcycles. Using lithium-iron phosphate (LFP) batteries will make it affordable.
May 08, 2025. By News Bureau

A Bengaluru-based electric two-wheeler manufacturer, Ather Energy, announced its foray into the 125–300cc-equivalent electric motorcycles with the vision to shift towards a sustainable ecosystem.
The Automotive Research Association of India (ARAI) has granted permission to Ather Energy to equip its two-wheelers with lithium iron phosphate (LFP) batteries, which will make it affordable. Ather Energy aspires to capture a high-performance market usually ruled by the internal combustion engine motorcycles.
Ather Energy, which went public on the stock market on May 6, 2025, has become the second Indian electric two-wheeler start-up to list its shares after Ola Electric’s INR 6,145 crore IPO in August 2024.
Ather’s INR 2,981 crore IPO was well subscribed, with institutional investors showing healthy interest. The shares closed almost eight percent below the listing price on its trading debut, showing investor prudence against the backdrop of profitability issues in the electric vehicle space.
Ather’s rival Ola Electric had its own share of issues like delay in delivery and a massive decline in share value since listing. Yet, Ola’s co-founder and CEO, Bhavish Aggarwal, publicly complimented Ather’s CEO, Tarun Mehta, on being listed on the bourses, symbolising the competitive yet fraternal environment in India’s upcoming EV ecosystem.
Ather’s simultaneous thrust in increasing its product offerings and manoeuvring the public markets reflects the growing competition in India’s electric two-wheeler space.
The Automotive Research Association of India (ARAI) has granted permission to Ather Energy to equip its two-wheelers with lithium iron phosphate (LFP) batteries, which will make it affordable. Ather Energy aspires to capture a high-performance market usually ruled by the internal combustion engine motorcycles.
Ather Energy, which went public on the stock market on May 6, 2025, has become the second Indian electric two-wheeler start-up to list its shares after Ola Electric’s INR 6,145 crore IPO in August 2024.
Ather’s INR 2,981 crore IPO was well subscribed, with institutional investors showing healthy interest. The shares closed almost eight percent below the listing price on its trading debut, showing investor prudence against the backdrop of profitability issues in the electric vehicle space.
Ather’s rival Ola Electric had its own share of issues like delay in delivery and a massive decline in share value since listing. Yet, Ola’s co-founder and CEO, Bhavish Aggarwal, publicly complimented Ather’s CEO, Tarun Mehta, on being listed on the bourses, symbolising the competitive yet fraternal environment in India’s upcoming EV ecosystem.
Ather’s simultaneous thrust in increasing its product offerings and manoeuvring the public markets reflects the growing competition in India’s electric two-wheeler space.
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