EV news
Ather Energy IPO lists plenty of EV jargon as risks. Here’s what investors must know

Ather Energy, one of the leading electric two-wheeler companies in India, has announced the commencement of its long-awaited initial public offering (IPO), India’s first big startup to float in the fiscal year 2026. The rollout follows months of strategic pauses and careful market watching. But the Red Herring Prospectus (RHP) of the company contains a lot of technical and operational risks that prospective investors would do well to consider. The revelations provide a rare candid view of the uphill task that Ather is up against in a fiercely competitive and rapidly changing electric vehicle market.
There are also deeper risks identified in the RHP such as Ather’s supply chain dependence. Ather co-founder Tarun Mehta has stated that the startup’s supply chain is stable despite China’s ban on exporting rare earth magnets to India, but, the fact is that the Bengaluru based electric mobility company does not make motors inhouse. In reality, the battery pack is the only significant part made in-house. Remaining components including battery cells, chassis, motor controller, among others are also sourced from third-party manufacturers (though designed by the Ather team). This dependence is highly risky. Any break in the supply chain due to price hikes/delays might affect the production timelines and delivery schedules of Ather. Because of the significance of these items in particular key ingredients such as rare earth magnets for electric motors, such risks should not be taken lightly.
Another difficulty for Ather is that it is up against the legacy automakers who have entered the electric two-wheeler market with deep pockets and strong market presence. Brands like Bajaj Auto, TVS Motors and Ola Electric are now threatening to slice away at Ather’s share. Though Ather had strong early momentum and built its own technologies such as Ather Grid, Ather App, and True Range system, it continues to work on a smaller scale than its peers. It is also to be noted that Ather is the only player who has not utilised the PLI schemes offered by the government among the bigwigs. Growing presence of established, larger companies in the market had made it increasingly difficult for new participants such as Ather to grow at the same pace.,” it said quoting a CRISIL report mentioned in the RHP. While the organization is making significant investments in next-gen technologies and infrastructure, the scale disparity is still a formidable challenge.
Ather’s road to profit seems to be long and winding. Like many of the new-age electric vehicle companies, Ather has yet to make a profit. Click Here Government incentives for electric two-wheelers are minor and not a major factor for LED lead batteriesElectric two-wheelers have high capital costs for batteries and this capital cost has to be recovered by adopting cost saving measures like minimizing their mileage. The numbers are still far less than those for competitors like Ola Electric, Bajaj’s Chetak and TVS iQube. ICe scooters continue to rule the roost in India and are responsible for over 85 percent of domestic sales in FY2024 in such two-wheelers. Electric scooters account for just 14.7 per cent of the share. While this segment is increasing, it is not sufficient to recover the large operational and R&D expenses that Ather has. The company will soon start working on expanding its production capacity and R&D for its software platform Atherstack and for building a new electric motorcycle platform. But the electric motorcycle category is also nascent in India… there has been little traction for models from Ola Electric, Revolt, or Ultraviolette. The high production costs, scalability challenges and fragmented incentive schemes have so far left the brand struggling to turn a profit.
The uncertain policy landscape in India adds to the cloudier future for Ather, and all other EV makers. The industry has been asking the government for a clear and stable EV policy over a long period of time. Without this, it is hard to make those strategic long-term investments. Even though EVs are the focus right now, we could shift our focus to other technologies like hydrogen fuel cells, which would also shift the direction that the government incentives are headed. Furthermore, customers are treated poorly in the current EV ecosystem. Other factors such as electric scooters having bad resale value, decline in battery performance over the years, increase in electricity prices, limited financing solutions and high insurance costs make EV propagation slower. Currently, Ather customer can get a rebate of ₹5,000 on purchase of a new scooter, which is not a lucrative offer for many of the buyers.
Another key risk in the RHP is Ather’s high dependence on China and South Korea for its battery cells. All the battery cell supply for the U.S. also comes from these two nations. This makes Ather very much exposed to price fluctuations, quality problems and possible supply constraints. And crucially, the purchase deals are not fixed on price or volumes, adding another layer of uncertainty. Lithium-ion cells are fragile and can be a significant safety risk, and even a small reduction in quality could prompt widespread battery recalls and tarnish the brand name. The disparity with EV demand and battery cell production growing at a faster pace will also lead to suppliers giving preference to other clients and that could delay Ather’s supply chain and production.
All in all, though Ather Energy is still a significant player for India’s EV revolution with product innovations and strong brand identity, the company has clearly mentioned systemic and strategic risks in its IPO paperwork. Investors who want to be part of this IPO should calculate these risks carefully and make an informed choice, regarding the hurdles this EV players could be facing Related : Well, they are now really really going all in on EVs.
Article By
Sourabh Gupta
Blog
Chetak 3001: Bajaj’s Next-Gen Electric Scooter Could Be Your New Daily Ride

The Iconic Chetak Is Evolving—Here’s What We Know
Remember the Bajaj Chetak? If you grew up in India, chances are you’ve seen one buzzing around your neighborhood. Well, it’s back in the spotlight—this time with an electric twist. Bajaj is reportedly working on a new EV called the Chetak 3001, and if leaks are to be believed, it’s already being tested in Ladakh.
The company hasn’t officially confirmed anything yet, but the buzz is real. It looks like Bajaj is gearing up to give its popular electric scooter lineup a fresh new boost, without overcomplicating things.
Chetak 3001 Rumored Specs: Practical and Built for the City
If the whispers are true, the Chetak 3001 is going to come with a 3.1 kW motor and a 3 kWh battery—a setup that should make it ideal for urban commuting. The top speed? Around 62 km/h, which is more than enough for your daily rides to work, the market, or college.
Here’s a quick snapshot of what we might get:
- 3.1 kW electric motor
- 3 kWh lithium-ion battery
- Top speed of ~62 km/h
- Estimated range close to 100 km
In short, this scooter seems built for practicality, not racing. Perfect if you’re tired of petrol prices and just want something reliable and easy to charge.
What’s New Compared to the Current Chetak?
The current-gen Chetak is already known for being a no-nonsense, dependable electric scooter. But the 3001 version might be a little sharper, a little smarter.
Think of it as a mid-cycle update: maybe better pickup, slightly more battery efficiency, and possibly some smarter tech (without going overboard). It’s not trying to beat Ather or Ola in flashy features—it’s about keeping things simple and functional, but better.
If you’re someone who liked the original Chetak but wanted a little more “oomph,” the 3001 could be your sweet spot.
Features That Could Make It Stand Out
Now, Bajaj hasn’t said much, but based on spy shots and industry trends, the 3001 might include:
- A refreshed digital dashboard
- Bluetooth connectivity
- Better weather protection
- A slight design tweak—maybe a new headlamp or side panel shape
- Possibly improved regenerative braking or ride modes
Nothing wild—but enough to make a difference in your everyday experience.
Launch Timeline: When Will the Chetak 3001 Arrive?
There’s no official date, but many believe Bajaj could drop a teaser towards end of 2024, with a full launch by early 2025. Given how fast the EV space is moving, they’re probably not going to wait too long.
The EV Scooter You Can Count On?
If you’re not looking for high-end tech and just want a solid, stylish, and easy-to-maintain electric scooter, keep your eye on the Chetak 3001. It’s shaping up to be a commuter’s friend, especially for people who appreciate Bajaj’s legacy of durable rides.
This scooter might not make headlines for speed, but it might just become the EV you see everywhere on Indian roads.
Article By
Sourabh Gupta
Blog
Royal Enfield Goes Electric: Flying Flea C6 & S6 Scrambler Spotted Testing in Ladakh

Two Silent Machines Tackle Himalayan Trails: A New Chapter for Royal Enfield
For years, Royal Enfield has been the sound of the open road—literally. That familiar thump of a Classic or a Bullet has echoed across mountain passes and city streets for decades. But now, the brand is headed in a direction many of us didn’t see coming. And it’s quiet. Very quiet.
Photos have surfaced from Ladakh showing two all-electric Royal Enfield motorcycles in testing—the Flying Flea C6 and a Scrambler-style model named S6. No camouflage, no big press release. Just two futuristic-looking bikes riding through some of India’s most unforgiving terrain.
High-Altitude Testing Means One Thing: These Aren’t Just for the City
Ladakh isn’t where you take a bike for basic testing. Thin air, steep climbs, rocky trails—this is where a machine either performs or fails. So the fact that Royal Enfield chose this location says a lot. They’re building these EVs not just for office commutes or showroom appeal, but for real riders.
The Flying Flea C6 looks nimble and light, almost like a city bike with off-road potential. The S6 Scrambler, on the other hand, is chunkier, taller, and built for people who like their rides a little wild. Both bikes keep that trademark Enfield stance—upright riding posture, long forks, and wide handlebars. If you know the RE DNA, you’ll feel it here too.
What’s missing? The sound. That thump is gone. But in its place? Instant torque, zero emissions, and a different kind of cool.
What Do We Know So Far?
Not a lot has been confirmed officially, but here’s what’s being pieced together from what we’ve seen and heard:
- Flying Flea C6 likely pays homage to the original WWII-era RE “Flying Flea”—a lightweight bike built to be dropped from planes. Its modern EV version looks agile and compact.
- The S6 Scrambler is bulkier, with longer suspension travel, high-mounted fenders, and tires that scream trail-ready.
- Both bikes are probably built on RE’s new ‘L platform’, which has been in the works for EV-specific builds.
- Industry insiders say the range could sit somewhere between 120 to 150 km, depending on the model and battery spec.
No launch date has been announced yet, but a debut in late 2025 or early 2026 seems likely.
Why This Isn’t Just Another EV Launch
Plenty of two-wheeler brands have launched electric scooters and motorcycles over the last few years, but this feels different. Royal Enfield has taken its time, and that might be a good thing.
They didn’t jump in with a commuter EV just to follow the trend. Instead, they’re building bikes that are meant to be ridden hard, explored with, and taken beyond city limits. The kind of bikes Enfield riders expect, just with batteries instead of tanks.
This could be the first proper “touring-capable” electric motorcycle from a mainstream Indian brand. And once it hits the market, it might force the rest of the industry to rethink what an electric bike should be.
Seeing a Royal Enfield test an electric prototype on Ladakh’s harsh terrain is a bit surreal—but also kind of perfect. It’s the brand’s way of saying: “We’re going electric, but we’re doing it our way.”
If the Flying Flea C6 and S6 Scrambler perform anywhere near as good as they look, we’re in for something special. These bikes could be the bridge between tradition and the future, giving loyal RE fans a reason to plug in without giving up the adventure.
Stay tuned—because the next big thump from Royal Enfield might be completely silent.
Article By
Sourabh Gupta
Blog
EV Sales Soar Worldwide in 2025 as China Hits Record Milestone

The electric vehicle (EV) industry has had a strong start to 2025, and the numbers are doing all the talking. According to the latest reports, global EV and plug-in hybrid sales jumped 24% in May compared to the same time last year.
And while overall growth is impressive, it’s China that’s truly making headlines: for the first time ever, the country’s battery electric vehicle (BEV) sales topped 1 million units in a single month. Meanwhile, total BEV deliveries globally are up 39.4% year-over-year in the first four months of 2025, clear proof that the EV shift isn’t just a trend anymore.
EV Sales Growth: A Global Picture
Across the board, the numbers show a rising appetite for electric and plug-in vehicles. While the 24% growth figure for May includes both BEVs and plug-in hybrids, it’s battery electric vehicles that are driving the bulk of the momentum.
A few patterns are becoming clear:
- China continues to dominate in both production and sales, offering everything from entry-level electric city cars to premium SUVs.
- Europe is steadily advancing, helped by strong climate regulations and buyer incentives.
- The U.S., while playing catch-up, is finally seeing volume growth as Tesla expands, and legacy automakers get more serious about EV offerings.
This global mix of market push and policy pull is turning EVs into a mainstream choice in more regions than ever before.
🇨🇳 China Hits 1 Million BEV Sales in a Month
Yes, you read that right—one million battery electric vehicles sold in one country, in one month.
China’s EV ecosystem is unlike any other. Brands like BYD, Wuling, XPeng, and NIO are pumping out a wide variety of models that appeal to nearly every income group. And they’re selling fast.
Government support continues to play a huge role. Local authorities offer everything from license plate benefits to EV-only zones in cities. Combine that with expanding fast-charging access—even in rural areas—and it’s no wonder the country’s adoption rate is breaking global records.
BEV Deliveries Up 39.4% in First 4 Months
If you look at the bigger picture, it’s battery EVs, not plug-in hybrids, that are growing the fastest.
Between January and April 2025:
- BEV deliveries rose nearly 40% compared to the same period in 2024.
- Plug-in hybrids also gained, though at a slower pace.
Why the shift? For one, battery prices have dropped, making EVs more affordable. Vehicle range is better. Charging networks are expanding. And perhaps most importantly, people are now seeing EVs as smart, reliable, and increasingly stylish options.
For many, the hesitation is over.
What’s Next for the EV Market?
Looking at the rest of 2025, there’s little doubt that growth will continue. Forecasts suggest:
- EV sales may cross 16 million units globally this year
- BEVs could make up 70% of all electric vehicle sales
- More nations are expected to set firm phase-out dates for petrol and diesel vehicles
Car brands are also adapting quickly. More EV launches are lined up for the second half of the year, and investments in battery plants and tech upgrades are accelerating.
The shift from “early adoption” to mass market is underway.
The data doesn’t lie—EVs are going mainstream, and fast. Whether it’s China’s million-car milestone or the nearly 40% global jump in BEV deliveries, one thing is clear: the age of electric mobility isn’t coming. It’s already here.
What once felt like a futuristic idea is now something millions of people are choosing each month. And as infrastructure catches up and models become more affordable, that number is only going one way—up.
Article By
Sourabh Gupta
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