Ather Energy Limited was originally incorporated as ‘Ather Energy Private Limited’ as a private limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated October 21, 2013 issued by the Registrar of Companies, Tamil Nadu, Chennai, Andaman and Nicobar Islands. Pursuant to a change in the registered office of the company, a certificate of registration dated May 31, 2016, was issued by the Registrar of Companies, Karnataka at Bangalore. Upon the conversion of the company into a public limited company, pursuant to a Board resolution dated June 18, 2024 and a shareholders’ resolution dated June 21, 2024, the name of the company was changed to ‘Ather Energy Limited’, and a fresh certificate of incorporation dated August 27, 2024 was issued by the Registrar of Companies, Central Processing Centre.Ather Energy is a pioneer in the Indian electric two-wheeler (E2W) market.

The company is a pure play EV company that sells E2Ws and the associated product ecosystem, comprised of its software, charging infrastructure and smart accessories, all of which are conceptualised and designed by it in India. Other than battery packs which are manufactured in-house and portable chargers and motors which are designed and manufactured by its suppliers, other key E2W components, such as motor controllers, transmissions, vehicle control units, dashboards, DC-DC converters, harnesses, and chassis are designed in-house and outsourced to suppliers for manufacturing. It developed all components of the Atherstack software that powers its products in-house.

The company was founded by Tarun Sanjay Mehta and Swapnil Babanlal Jain in 2013, with a focus on product and technology development in India in order to build an E2W ecosystem.It builds products with a focus on quality and user experience. Its products are positioned at a premium price in their respective segments. It launched its first product, the Ather 450, in June 2018.

With the Ather 450, it introduced connected features through a 3G SIM card, touchscreen dashboard, aluminium chassis and cloud integration for the first time in the E2W industry in India. It was also the first E2W to offer a top speed of 80 kmph, comparable to internal combustion engine (ICE) scooters and had the highest top speed among E2Ws in India in 2018. Its current E2W portfolio comprises two product lines - the Ather 450 line, which caters to customers seeking performance scooters, and the Ather Rizta line, which is targeted at customers seeking convenience scooters for their family.The company’s E2Ws are complemented by its product ecosystem which comprises charging infrastructure, accessories and the Atherstack, its in-house developed software that powers its products.

It was the first two-wheeler (2W) OEM to establish a 2W fast charging network, the Ather Grid, in India. The company’s software, the Atherstack, introduced industry-first connected features such as Over-The-Air (OTA) updates and ride statistics on the Ather app. It has a vertically integrated approach to the design of its products and key technologies.

This integrated approach is applicable to both its hardware and software, and has enabled it to pioneer several EV technological advancements. Through this approach towards design, it seeks to establish new standards for performance, efficiency and user experience in the E2W market.Business area of the companyThe company is in the business of manufacturing and selling of electric scooters, selling of software enabled services, spares, accessories, merchandise, charger infrastructure usage charges and related research development.Products of the companyAther 450Ather RiztaAwards, accreditations and recognition2016: Recognised as ‘Best on Campus’ at ET Startup Awards.2016: Recognised as ‘Most Promising Start-up Impacting Automotive’ at IoTNext 2016 Awards by India Electronics and Semiconductor Association.2018: The Ather 450 received the ‘Black Elephant’ award at the 2018 Kyoorius Design Awards.2018: Ather space received the ‘Blue Elephant’ award for retail design at the 2018 Kyoorius Design Awards.2018: The Ather 450 received the ‘Blue Elephant’ award for consumer product design at the 2018 Kyoorius Design Awards.2018: The Ather 450 received the ‘Electric Powertrain of the Year - 2W’ award at the India Automotive Technology and Innovation Awards.2018: The Ather 450 was recognised as ‘Scooter of the Year’ by the 3rd ASSOCHAM Auto Forum Awards.2018: The Ather 450 was recognised as ‘Two-Wheeler Design of the Year’ by the 3rd ASSOCHAM Auto Forum Awards.2020: Received an award for ‘Excellent Contribution in the Field of Patents’ at the Fox Asia Health, Education IPR (Conference Awards) by Social Talks.2021: Received certificate of achievement of ‘Excellence in Culture Evolution’ from CHRO Vision and Innovation Summit Awards 2021.2021: Received the following awards from CarandBike: ‘Scooter of the Year’ for the Ather 450X; First runner-up of the ‘Two-Wheeler of the Year’ for the Ather 450X; ‘EV Two-Wheeler of the Year’ for the Ather 450X; and ‘Viewer’s Choice Award from Best Scooter’.2021: The Ather 450X was recognised as the ‘Best of 2021’ by autoX.2021: The Ather 450X was recognised as the ‘Winner - Electric Two-Wheeler of the Year’ in the TopGear India Awards 2021.2021: The Ather 450X received the ‘Best Indian EV Two-Wheeler of the Year’ from MotorOctane.2021: The Ather 450X received the ‘Green Two-Wheeler of the Year’ from Autocar.2022: Received an award for ‘Two-Wheeler Manufacturer of the Year’ from CarandBike Ranked 2 in the automobile industry (mid-sized category) in the AmbitionBox Best Places to Work in India Awards 2022.2024: Certified as the most preferred workplace for 2023-2024 in manufacturing by Marksmen Daily.2024: Received an award for ‘Electric two-wheeler of the year - Ather Rizta’ from Jagran Hi Tech.2024: Received an award for Ather Rizta, ‘CII Design Excellence Award, 2024’ in mobility design.2024: Received an award for Ather Halo Smart Helmet, ‘Blue Elephant Award’ for wearables in the product design category at the Kyoorius Design Awards, 2024.2024: The Ather Rizta, and the Ather Apex received ‘Good Design Award, 2024’ in the transportation category by the Chicago Athenaeum: Museum of Architecture and Design and the European Centre of Architecture Art Design and Urban Studies.2024: The Ather Halo - Smart Helmet won the Good Design Award, 2024 in the electronics category by the Chicago Athenaeum: Museum of Architecture and Design and the European Centre of Architecture Art Design and Urban Studies.2024: Received an award for Ather Rizta and Ather Apex, ‘German Design Award for Excellent Product Design - Motorcycles, 2024’ by the German Design Council.2024: Received an award for Ather Halo - Smart Helmet, ‘German Design Award for Excellent Product Design, 2024’ by the German Design Council.2024: Received an award for the Ather Rizta Scooter, ‘India’s Best Design Project, 2024’ by India’s Best Design Awards.2024: The Ather Rizta User Interface won India’s Best Design Project, 2024 by India’s Best Design Awards.2024: The Ather Halo Smart Helmet won India’s Best Design Project, 2024 by India’s Best Design Awards.2024: The Ather Apex website won India’s Best Design Project, 2024 by India’s Best Design Awards.2024: Received an award for ‘India’s Best Design Project, 2024’, for the Ather mobile application redesign by India’s Best Design Awards.2024: Received an award for ‘India’s Best In-house Design Studio, 2024’ by India’s Best Design Awards.2025: Received an award for ‘Electric two-wheeler of the year - Ather Rizta’ by Autocar Awards, 2025.2025: Ather Rizta received an award for 2025 Scooter from Acko Drive Awards.History and milestones2013: Founded by Tarun Sanjay Mehta and Swapnil Babanlal Jain.2018: Launch of Ather 450 Launch of its first experience center and charging infrastructure.2020: Launch of Ather 450X.2021: Commenced operations at the first facility in Hosur factory.2022: Commenced operations at the second facility in Hosur factory.2023: Launch of Ather 450S.2024: Launch of Ather 450 Apex and Rizta.2024: Crossed cumulative sales of 341,113 E2Ws.2024: Sub-lease of land for 95 years for setting up of Factory 3.0 in Chhatrapati Sambhajinagar, Maharashtra.