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Ather Energy invests ₹500 crore to develop Monarc, new scooter platform
Electric two-wheeler maker Ather Energy on Saturday said it has invested over Rs 400-500 crore to develop its latest scooter platform EL and its first mass-market e-scooter Monarc. Earlier, the company launched Monarc at a starting price of Rs 99,999 (ex-showroom Bengaluru) in three variants, S100, S125 and S160, with a host of new features, with deliveries of the vehicle commencing from September. The company also said a 200 km version of Ather S and a feature-loaded Z version with a 125 km ID…
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