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Why Ather Chose to Go It Alone, Despite Hero’s Backing

The company could have plugged into Hero MotoCorp’s 6,000 dealerships, decades of manufacturing scale, and entrenched vendor relationships, but chose not to.

23 Apr 2025 | 7426 Views | By Ketan Thakkar & Kiran Murali

In an era when every EV startup seems eager to partner, license, or piggyback off legacy giants, Ather Energy is doing the opposite. Despite having Hero MotoCorp — the titan of India’s two-wheeler market — as a major shareholder, Ather has drawn a deliberate line between the investor and the ...

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