Electric two-wheeler manufacturer Ather Energy has implemented allocation controls in select markets after capacity utilisation at its Hosur plant exceeded 90%, reflecting strong demand and a 69% year-on-year increase in vehicle volumes during FY26. The company indicated that the facility is approaching peak production capacity, leading to supply constraints in certain regions.
For FY26, Ather Energy reported a 66% growth in revenue from operations to ₹3,671 crore, while reducing its net loss by 36% to ₹517 crore. The company also achieved a significant milestone by generating positive operating cash flow for the first time, supported by record fourth-quarter sales of 83,418 units.
To support future growth, Ather is progressing with Factory 3.0, its new greenfield manufacturing facility in Chhatrapati Sambhajinagar, Maharashtra. The first phase of the plant is expected to begin operations by March 2027 and will have a planned production capacity of 42,000 units per month, helping the company meet growing demand and expand its manufacturing footprint in India's electric two-wheeler market.
News by Rahul Yelligetti.