Ather Energy raises Rs 1,300 crore via oversubscribed QIP for manufacturing and product expansion

Electric two-wheeler maker Ather Energy secured Rs 1,300 crore in an oversubscribed QIP, earmarking proceeds for manufacturing capacity and new product development. The oversubscription signals investor conviction in EV two-wheeler consolidation; builders in mobility should prepare for larger, funded competitors to capture market share through capex—differentiation will be on efficiency and category expansion, not just unit price.

Source: YourStory ↗