Ather Energy, which listed its shares on the bourses on May 6, announced its plans to enter the 125-300 cc-equivalent electric motorcycles’ space. With this move, the company is targeting products that match the 125-300 cc internal combustion engine (ICE) range, reported Business Standard.
Will Ather’s 125–300cc Electric Motorcycles Impact the Mid-Range Market?
Backed by a fresh IPO and LFP battery approval, Ather Energy eyes a bigger slice of India’s evolving two-wheeler market
Ather Energy expands into electric motorcycle segment, targeting mid-range market with 125–300cc models.
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Speaking after the listing, Tarun Mehta, cofounder and chief executive officer (CEO), Ather told Business Standard, “We have started work but can give you details only prior to the announcements. I think motorcycles will get electrified in the coming year and we are looking at products in the 125-300 cc ICE-range.”
The company also secured a permit to use lithium phosphate (LFP) batteries from Automotive Research Association of India (ARAI) for its two wheelers. According to Mehta, this will help in reducing costs further, reported Business Standard.
Electrifying the Mid-Range
In a country where public transport is not adequate and cars are not affordable, the potential growth in the electric segment is enormous, motorcycles are set to empower electric vehicle adoption in India in the coming months, as per ET.
A 2023 report by Bain India stated that a breakthrough in performance could accelerate e-motorcycle penetration to more than 30% of the overall motorcycle market by 2030, up from less than 1% today.
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In April 2025, Ather Energy confirmed development of a new low-cost platform called EL, aimed at making its electric two-wheelers more accessible. The company had initially hinted at its plan to enter the electric motorcycle segment in 2023. This latest push is expected to provide an affordable option in a category traditionally dominated by high-volume petrol motorcycles in India.
Ather Energy is expanding beyond its electric scooter lineup by developing electric motorcycles targeting the 125–300cc segment. This move is part of its broader strategy, backed by its Rs 3,100 crore IPO, to diversify its product offerings and strengthen its position in the electric two-wheeler market.
“While there is a huge pent-up demand, the choices were limited,” Mohal Lalbhai, founder and CEO of Matter Electric Motorcycles told ET.
He added that electric motorcycles will become mainstream in the next 12-18 months
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