Bengaluru-based Ather Energy intends to build an electric motorcycle in about three-four years, according to an online report. Expect the upcoming motorcycle to be a performance-based product along the lines of the Ultraviolette F77 rather than a commuter motorcycle like the Revolt RV400. More details about this electric bike are still under wraps but we believe it could be priced under Rs 2 lakh (ex-showroom). That should make the bike fairly affordable, unlike the Ultraviolette F77.
But before this, the company also reportedly plans to launch a scooter in around 1-1.5 years. This scooter will be priced slightly lower than the company’s existing Ather 450, which costs Rs 1.13 lakh (on-road).
Speaking to an online portal, Ravneet Phokela, Chief Business Officer said that despite the lower pricing, the upcoming scooter will still be performance-oriented, complete connectivity and a 75km range. With the intended price point, the scooter is likely to cost around Rs 1 lakh (on-road). That could make it a direct competitor to the Bajaj Chetak electric scooter which is also likely to be launched at around the same price bracket.
The brand’s product expansion plans are also accompanied by a roadmap to expand its network across the country. It was earlier reported that Ather will expand to about 30 cities by 2023. As for the expansion in the near future, the brand is reported to make its presence in about 10-11 cities in the next year. The company reportedly plans to enter the Mumbai market in mid-2020, other cities in the near future will include Pune, Delhi, Ahmedabad, and Kolkata. In addition, Ather also plans to bolster its charging infrastructure in all the cities it is trying to set foot. Its ultimate goal to ensure there’s a charging station every two kilometres in a city.
Increasing its footprint will also command a need for bigger production capacity. For this, the startup is currently finalising the Greenfield factory in Bengaluru, which is reported to be capable of churning out 5,00,000 units annually, including batteries. With this, Ather should be able to keep the demand-supply balanced. This factory will be operational before September 2020, and a formal announcement regarding the production facility will be made soon.
At present, Ather’s manufacturing plant makes 35,000-40,000 units a year. After the Greenfield plant is operational, the brand’s older manufacturing facility will reportedly be converted into an R&D centre. This should help Ather come up with new feature-packed two-wheelers in the future.
Ather has been taking its time to expand to other cities but the wait has been well worth it as the brand strives to balance between reach and charging infrastructure. This is something that’s quite crucial for its short-range electric vehicles that are heavily dependent on charging infrastructure. Stay tuned for more updates!
Source: Moneycontrol.com
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