Launch · Mobility & Logistics
Ather Energy launches mass-market Konarc electric scooter
By Startup Enthusiast ·
- Date
- Company
- Ather Energy
- What it does
- Electric two-wheeler manufacturer
- Kind
- Launch
- Stage
- public
- Based in
- Bengaluru
- Founded
- 2013
- Sector
- Mobility & Logistics
What they do
Ather Energy designs and manufactures electric scooters and charging networks, operating across 700 retail showrooms in India
What happened
The company introduced its budget-friendly Konarc scooter starting at ₹99,999, built on the new EL vehicle architecture
Why it matters
Ather registered 102% annual growth in retail registrations during Q1FY27 while expanding manufacturing towards 60,000 monthly units
The details
- Ather Energy introduced the Konarc electric scooter at its fourth Community Day gathering on August 29, 2026.
- The vehicle uses the company's new EL platform and carries an entry price tag of ₹99,999.
- Buyers can select from six model choices spanning the S and Z lines offering driving ranges between 100 and 200 kilometres.
- The business also revealed its 5th-gen Bedrock Battery carrying a warranty for 10 years or 100,000 kilometres.
- A smart communal charging system named AtherNode was rolled out for residential and commercial structures.
- The team added Ather True Health to its phone application to report vehicle diagnostic scores and estimated resale worth.
The bigger picture
- Ather developed the scooter line to capture mainstream riders beyond buyers of its performance-oriented 450 range.
- The underlying EL architecture can double the firm's addressable market while preparing the brand for overseas rollouts.
- Output targets will climb toward 60,000 monthly units once Hosur additions pair with upcoming production runs at the AURIC plant.
About the business
- Ather sells electric two-wheelers including the performance 450 lineup, the Rizta family scooter, and the budget Konarc model.
- The enterprise runs a distribution footprint of 700 brick-and-mortar showrooms across India alongside presences in Sri Lanka and Nepal.
- Vehicle hardware and connected software transmit real-time diagnostic indicators, component tracking metrics, and vehicle health insights to owners.
- The automaker operates on a negative cash conversion cycle (working capital turns quickly enough to generate cash before paying suppliers) and held dealer stock at three days.
- Store locations achieve operational profitability within five to six months on average after launch.
- The business intends to build motorcycles in the future to enter a category comprising 60% of two-wheeler sales in India.
What happens next
- Commission Phase 1 of the AURIC site in Q3FY27 before hitting its 42,000 unit monthly target in H1 FY28.
- Expand export shipments across international markets over the next two to four years relying on the EL platform.
- Expand retail distribution further across Central India and other areas outside southern states.
The deal
- Type
- launch
Investors
- Hero MotoCorp (existing) — An automotive manufacturer that holds an approximate 32.8% stake in Ather Energy.
Founders
- Tarun Mehta, Co-Founder and CEO
- Swapnil Jain, Co-Founder
Other articles talking about it
More on Ather Energy
- Ather plans dealership expansion following new plant opening25 September 2026 · Launch
- BlackRock buys Ather shares worth ₹445.3 Cr in open market deal1 September 2026 · Stake sale · ₹445.3 Cr
- Ather launches Konarc electric scooter at Community Day29 August 2026 · Launch
- Ather Energy raises ₹1,200 crore through preferential issue25 August 2026 · Funding · ₹1,200 Cr
- Ather Energy narrows loss, revenue jumps 89%6 August 2026 · Results
- Ather Energy to launch mass-market scooter Konarc29 July 2026 · Launch
- Ather CEO flags PLI scheme quirk excluding EV startups24 July 2026 · Policy
- Ather Energy raises ₹1,300 crore via QIP21 July 2026 · Funding · ₹1,300 crore
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