Launch · Mobility & Logistics
Ather Energy launches battery service and warranty in Tamil Nadu
By Startup Enthusiast ·
- Date
- Company
- Ather Energy
- What it does
- Electric scooter manufacturer
- Kind
- Launch
- Sector
- Mobility & Logistics
What they do
Ather Energy sells electric scooters and two-wheelers in India
What happened
The company launched Battery as a Service (BaaS) to lower upfront costs for customers
Why it matters
It also expanded its charging network with over 430 fast charging points across the state
The details
- Ather Energy has launched its Battery as a Service (BaaS) model in Tamil Nadu.
- This new service aims to address customer concerns about high upfront costs and resale value.
- The company is also expanding its Assured Buyback programme to a larger customer base.
- An Extended Comprehensive Warranty (ECW) was introduced alongside these new offerings.
- Ather Grid now covers 38 cities across Tamil Nadu with more than 430 fast charging points.
- The Light Electric Combined Charging System (LECCS) standard is established at 50 locations.
- BaaS partners include banks and NBFCs offering monthly battery plans to buyers.
- Pricing for BaaS models starts at Rs 75,999 ex-showroom in Lucknow.
The bigger picture
- Battery anxiety and high initial prices are major barriers to electric vehicle adoption.
- BaaS separates the cost of the battery from the vehicle, lowering the entry price.
- The Assured Buyback programme reduces uncertainty regarding the future resale value of scooters.
- Expanding charging infrastructure supports the growing user base in key markets like Tamil Nadu.
About the business
- Ather Energy manufactures and sells electric scooters and two-wheeler vehicles.
- The company operates Ather Grid, its proprietary fast-charging network infrastructure.
- It offers various warranty and buyback programmes to enhance customer trust and retention.
- The business model includes direct sales and partnerships with financial institutions for financing.
- Ather Grid coverage spans multiple cities, focusing on high-density urban areas.
- The company promotes LECCS as an industry-wide open standard for light electric vehicles.
- Customers can choose between upfront purchase or monthly subscription plans via BaaS.
- The firm targets consumers looking for affordable and convenient electric mobility solutions.
- Operations include significant presence in states like Tamil Nadu since 2019.
What happens next
- Further growth of the Ather Grid charging network is expected to support user convenience.
Founders
- Tarun Mehta, Founder
- Swapnil Jain, Founder
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