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Ather Energy vs Ola Electric
Ather Energy: 13 reports on results in 90 days, against 5 for Ola Electric. Ola Electric leads on deals: 9 against 6 for Ather Energy.
Latest behind it: Nomura picks Ather, M&M, Hyundai as India's passenger-vehicle EV penetration hits 7.9% in September
- Ather Energy
- 39 reports in 90 days
- 25 in the 90 days before; most on results (13)
- Ola Electric
- 38 reports in 90 days
- 47 in the 90 days before; most on stores (9)
Free account. New reports on either brand collect on your Following page as they publish.
Side by side
Counts are the reports we hold on each brand: one event counted once, phone and car launches and news outside retail left out. They show where each brand made news, not market share or store totals.
- 6 SeptOla Electric board approves up to ₹1,500 crore fundraise
- 6 SeptOla Electric clears ₹1,500 crore fund raise as COO Hyun Shik Park exits
- 25 SeptOla Electric shares drop 9% as board set to weigh rights issue
- 27 SeptOla Electric to seek board approval for proposed rights issue
- 7 OctOla Electric's Bhavish Aggarwal pledges 4.32% stake to fund his share of ₹1,000 crore rights issue
- 7 OctOla Electric sets ₹27 rights issue price, 26% below market, to raise up to ₹999.74 crore; issue opens 22 October
Moves to read first
- Nomura picks Ather, M&M, Hyundai as India's passenger-vehicle EV penetration hits 7.9% in September
Ather Energy · Nomura estimated India's passenger vehicle EV penetration rose to 7.9 per cent in September 2026 from 4 per cent in FY26.
- Ola Electric sets ₹27 rights issue price, 26% below market, to raise up to ₹999.74 crore; issue opens 22 October
Ola Electric's shares closed at ₹36.32 on Wednesday, the price against which the discount is measured.
- Ather plans dealership expansion restart with 100 LoIs as Maharashtra plant ramps
Ather Energy will resume dealership expansion from November-December, backed by 100 signed LoIs and a new Chhatrapati Sambhajinagar plant.
- Ekart adds 14M cubic feet of warehouse space and 900 delivery hubs ahead of festive season
Ola Electric approved a rights issue of up to Rs 1,000 crore on September 28, 2026, and appointed Deepa Bansal compliance officer.
- Ather Energy joins a broader, more diverse Indian IPO pipeline
- Ola Electric and Ather shares rally on retail rollout and bullish analyst outlook
Ola Electric shares rose after value buying and the launch of dealer-led stores across seven Indian states.
What to watch
Ather Energy ·
Q2 FY27 results: EBITDA margin below zero (Q1: 0.8%; Entrackr, 4 Aug)What it would mean: Back to a loss: component suppliers should expect bigger asks on supplier prices and dealer margins.
Ola Electric ·
Q2 FY27 results: Gross margin below Q1's 30.5% (YourStory, 6 Sept)What it would mean: Component suppliers should expect tougher terms as Ola Electric defends its margin.
est. = estimated from how soon after quarter-end the brand's last results came.
Keep tracking them
Every report behind this page
Ather Energy: 39 reports in the last 90 days
- Nomura picks Ather, M&M, Hyundai as India's passenger-vehicle EV penetration hits 7.9% in September
- Nomura: Domestic PV volumes up 30%, 2Ws up 14% in Q2 FY27; expects Ather, TVS and Eicher to beat estimates
- Ather Energy passes 800,000 cumulative retail sales as the Rs 99,999 Konarc targets entry-level EV buyers
- Ather plans dealership expansion restart with 100 LoIs as Maharashtra plant ramps
- Ather targets 77,000-unit monthly capacity as Maharashtra plant nears launch
- Ather targets overseas growth with planned 1m-unit Maharashtra plant
- Ather enters mass-market e-scooters with ₹99,999 Konarc, adds 500,000-unit plant
- Ather bets on ₹99,999 Konarc scooter to widen reach beyond South India
- Nomura raises Ather Energy target to Rs 1,926 as it bets on faster EV two-wheeler adoption
- Nomura raises Ather Energy target to Rs 1,926 on Konarc-led growth outlook
- Ather gains share as Ola Electric loses momentum in India’s e-scooter market
- Ather targets 2,000 stores as ₹99,999 Konarc broadens its e-scooter push
- Ather Energy’s shares rise nearly 130% in 2026 as EV market-share outlook improves
- Ather targets mass-market EV growth with Konarc launch and Hosur capacity optimisation
- Ather puts ₹500 crore behind Monarc mass-market scooter platform
- Ather Energy joins a broader, more diverse Indian IPO pipeline
- Hero MotoCorp plans up to Rs 1,758 crore Ather Energy investment; shares climb 7.3%
- Ather Energy rises 7% after ₹1,758 crore block deal; approves ₹1,200 crore capital raise
- Ather raises ₹1,200 crore; Hero MotoCorp stake set to near 30%
- Ather Energy clears Rs 1,200 crore preferential issue to fund capacity and product expansion
- India extends PM E-DRIVE EV two-wheeler subsidy through March 2028
- Ather readies ₹1–1.2 lakh Konarc scooter as it scales stores and Aurangabad capacity
- Ather pre-orders top 50,000 a month, pushing capacity expansion plans
- Ather widens lead over Ola with 89% Q1 FY27 revenue growth and 16.8% market share
- Ather turns EBITDA-positive as Q1 revenue rises 89%
- Ather posts positive quarterly Ebitda as India’s electric two-wheeler race shifts to profitability
- Ather targets India’s largest e-scooter price band with EL platform
- Business Today compares Ather Energy’s Q1 performance with Ola Electric
- Ather narrows losses as sales surge, funding Aurangabad capacity build-out
- Ather says it could sell 15,000 more scooters a month as capacity hits its ceiling
- Ather narrows Q1 loss as retail registrations double and dealer inventory drops to three days
- Ather Energy jumps 18% after Q1 results, adding ₹8,000 crore in market value
- Ather readies entry-level scooter platform to target 20%+ EV market share
- Ather targets India’s largest e-scooter segment with its lowest-priced model
- Ather hits EBITDA breakeven as sales surge, accelerates Hosur capacity expansion
- Ather narrows quarterly loss as Rizta demand drives 90% revenue growth
- Ather Energy’s Q1 results put Rizta demand, margins and cash burn in focus
- Ather, VinFast, Honda and Simple Energy line up family scooters for India in 2026
- Ather Energy raises ₹1,300 crore via QIP; shares slip 3%
Ola Electric: 38 reports in the last 90 days
- Ola Electric warns of inaccurate sales data in Rs 1000 crore rights offer after SEBI notice on February 2025 claim
- Ola Electric sets ₹27 rights issue price, 26% below market, to raise up to ₹999.74 crore; issue opens 22 October
- Ola Electric's Bhavish Aggarwal pledges 4.32% stake to fund his share of Rs 1,000 crore rights issue
- Ekart adds 14M cubic feet of warehouse space and 900 delivery hubs ahead of festive season
- Ola Electric falls 3.2% after HSBC reiterates Reduce, flags 37.6% downside
- Ola Electric to seek board approval for proposed rights issue
- Ola Electric shares drop 9% as board set to weigh rights issue
- Ola Electric targets 500+ dealerships as it rolls out partner-operated stores
- Ola Electric and Ather shares rally on retail rollout and bullish analyst outlook
- Ola Electric’s ₹229 crore three-wheeler bet slips to 2027-28
- Ola Electric flags second suspected employee fraud as it shifts sales network to dealers
- Ola Electric clears ₹1,500 crore fund raise as COO Hyun Shik Park exits
- Ola Electric board approves up to ₹1,500 crore fundraise
- Ola Electric opens first dealer-led stores, targets 500+ outlets
- Ola Electric to consider fresh equity raise as it shifts toward dealer-operated stores
- Ola Electric to consider fresh fundraise as market share and revenue decline
- Ola Electric to consider capital raise as ₹95.81 crore PLI incentive is sanctioned
- India E2W registrations fall 16% in August as Ola Electric gains share
- Ola Electric secures ₹95.81 crore PLI-Auto incentive for FY27
- Ola Electric cuts Shakti Gen2 home inverter prices by up to ₹25,000 in introductory offer
- Ola Electric expands Shakti energy-storage range, with home deliveries from November 2026
- Ola Electric enters battery storage with residential, commercial and utility-scale systems
- India extends battery PLI deadlines for Ola Electric and Reliance New Energy to 2031
- Ola Electric wins revised battery PLI window worth up to ₹7,240 crore through 2031
- Ola Electric gets full five-year ACC PLI window through CY2031
- Ola Electric reverses Rs 57 crore provision as Q1 revenue drops 45%
- Ola Electric Teases Aug. 15 Energy Roadmap, Targets 20 GWh BESS Buildout by 2032
- India extends EV two-wheeler subsidies to FY28, lifting Ola Electric and Ather shares
- Ola Electric narrows Q1 loss, but 45% revenue fall splits broker outlook
- Ola Electric auditor flags ₹57 crore PLI penalty reversal ahead of ministry approval
- Ola Electric takes its scooter-cell gigafactory into storage, drones and defence
- Ola Electric draws nearly 1,000 dealer enquiries in retail push
- Ola Electric to launch Mahashakti battery storage platform on August 15
- Ola Electric targets ₹400–500 crore service revenue by FY28
- Ola Electric opens sales and service network to dealers nationwide
- Ola Electric shifts from D2C-only model to dealer-led retail expansion
- Ola Electric shifts to dealer-led retail, targets smaller towns by Diwali 2026
- Ola Electric enters utility-scale storage with Axis Energy MoU
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