ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ather-energy” target=”_blank”>Ather Energy will soon become the second pure-electric two-wheeler player listed on Indian exchanges. But a look at the business metrics puts the Tiger Global-backed EV maker way behind its listed peers.
Going by Ather’s offerings, ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ola-electric” target=”_blank”>Ola Electric Mobility stands out as its closest listed competitor. Both companies ended the nine months to December 2024 with losses. Ather posted a loss of nearly Rs 578 crore, while Ola Electric had a loss of Rs 1,406 crore during the period, according to the former’s red herring prospectus.
Ather’s other listed peers — rel=”dofollow” href=”https://economictimes.indiatimes.com/bajaj-auto-ltd/stocks/companyid-21430.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href”…
