Ather Energy: Ather targets over 20% market share as capacity expansion, store additions resume

Ather Energy: Ather targets over 20% market share as capacity expansion, store additions resume



Bengaluru: Electric two-wheeler maker Ather Energy is targeting a market share of at least 20% in the near term, as it expands manufacturing capacity and resumes dealership additions to meet demand that outstrips supply, cofounder and chief executive Tarun Mehta told ET.Ather’s market share fell to 15.1% in the July-September quarter from 17.2% a year earlier. Registration of its electric two-wheelers with state transport authorities grew 60%



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