In stark contrast, now that Ather Energy is set for a public listing, the mood is sombre. At least some of the excitement around Ola Electric has given way to fears about profitability ...

Electric vehicle (EV) company Ather Energy, aiming to raise more than INR 3,100 crore via its initial public offering (IPO), saw its losses widen 22 % to INR 1,060 crore in FY24, as its operating ...