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Ather’s Profitability Puzzle: How Will It Balance Growth, Profit, and a Competitive EV Market?

Now that Ather Energy has completed a successful IPO—raising close to Rs 3,000 crore—Autocar Professional examine the challenging path that lays ahead for e-2wheeler maker.

08 May 2025 | 8971 Views | By Prerna Lidhoo & Darshan Nakhwa

As the dust settles on Ather Energy, India’s first mainline IPO of FY26, investor sentiment has been one of caution. For many, the company remains a high-stakes bet in an increasingly competitive EV market. 

They point out that despite being a pioneer, Ather Energy continues to operate in the ...

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