Ather Energy’s market share doubles in last quarter as demand for Rizta soars

Ather Energy’s market share doubled in the last quarter of FY2025, reaching 14.3% in September after a slow start to the year. The new Ather Rizta electric scooter played a significant role in this growth, with sales steadily increasing from July to September. Ather sold an average of 11,287 units during this period, and the company’s expanding network and the Rizta’s popularity helped boost volumes. This rise comes as Ola Electric’s market share declined, with legacy players like Bajaj and TVS gaining more acceptance in the market. In September, Bajaj’s Chetak outsold TVS iQube, making Bajaj the second-highest seller after Ola.