Ather Energy to mark entry into second international market, Sri Lanka
Date: 22 Aug 2024
Ather
Energy, an electric vehicle manufacturer, has announced plans to expand to its
second international market, Sri Lanka.
Ather Energy will open its first experience centre in the Sri Lankan
market in the upcoming quarter through collaboration with Evolution Auto Pvt.
Ltd., a joint venture between Sensei Capital Partners, Atman Group, and Sino
Lanka Private Limited. In November 2023, Ather established its presence in
Nepal, which marked the company’s entry into the international market.
As
their national distributor, Evolution Auto Pvt Ltd will manage Ather Energy's
sale and service operations in Sri Lanka. In addition, Ather will also focus on
establishing a network of fast-charging infrastructure across the country, to
ease the process of electric vehicle adoption and make it a hassle free
experience.
Speaking
on this development, Ravneet Singh Phokela, Chief Business Officer, Ather
Energy, noted, “We are thrilled to enter
the Sri Lankan market. Sri Lanka has been a part of our global expansion plans
after Nepal, where we established our presence last year. With the increasing
cost of ownership of petrol vehicles and the economic and environmental
benefits of electric vehicles, the Sri Lankan market has shown an increasing
preference for EVs. Ather’s electric scooters are known for their performance,
design and reliability, through which we aim to appeal to new-age Sri Lankan
customers, who appreciate quality modern products. Our partnership with
Evolution Auto Pvt. Ltd. will enable us to deliver the customer experience that
Ather is known for, to our customers in Sri Lanka, while also focusing on
setting up well networked charging infrastructure for EV users.”
Commenting
on the partnership with Ather, Zahran Ziyawudeen, CEO, Evolution Auto, said
"Our mission at Evolution Auto is to pioneer sustainable transportation in
Sri Lanka, making eco-friendly electric mobility accessible and efficient for
all. We are incredibly excited to collaborate with an industry giant like Ather
Energy to launch a world-class range of scooters in Sri Lanka."
Ather
opened its first Experience Centre (EC) in Nepal last year, and ever since, has
set up 3 Experience Centres and 07 fast-charging grids across the country. In
India, Ather has a retail sales network with 208 Experience Centres and 1973
fast-chargers Ather Grid (as of March 31st 2024).