New Delhi: Bengaluru-based electric car start-up Ather Energy has released its sales figures for the month of July 2022. The company managed to sell 2,389 electric scooters in India last month. Ather recorded a year-on-year growth of 24 percent in July 2022, same as the same period last year, with sales of 1,926 units.
Ather Sales Report
However, on a MoM basis, Ather’s sales fell 26 percent as it sold 3,231 electric scooters in June 2022. According to Ather Energy, the majority of the company’s July 2022 sale occurred in the last ten days as its production line was shut down for several weeks to facilitate the transition to the newly launched Gen 3 Ather 450X.
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Commenting on the development, Ravneet S. Phokela, Chief Commercial Officer of Ather Energy said: “July was an exciting month for Ather as we launched the next generation of our 450 range of scooters – the 450X Gen 3. The new scooter is the result of our wider product philosophy to build more an evolving scooter that will allow consumers to enjoy the proven performance of the Ather 450X with a longer range.”
He further added, “We delivered 2,389 scooters in July, which represents a 24% year-on-year increase. Most of the sales come from the last 10 days of the month. This is because our production line was shut down for a few weeks to facilitate the transition to the new product. We are confident that the new scooter will allow us to gain more market share in the coming months.”
Last month, Ather Energy further expanded its retail footprint into three new markets (Mumbai, Kollam and Dehradun) and is now present in 38 Indian cities with 45 experience centres. Phokela also commented on supply chain issues.
He said: “Our continuous efforts to strengthen our supply chain are gradually paying off as we see supply chain constraints being eased. We hope to see our monthly volumes increase significantly.
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