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Old 8th June 2017, 22:18   #76
Snehal Sekhar's Avatar
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Default Re: Ather Energy unveils the S340 Electric Scooter

It looks like Ather Energy has got a new factory to start production of the S340. I received this mail today stating the progress they have made and the joining of two senior industry professionals.


Here are some quick updates from the past month.

Factory gets a go ahead!
We kick-started work on our factory this month. The defunct railway container manufacturing facility in Whitefield Bengaluru is now getting a new life. Setting up a facility for manufacturing automobiles is no cakewalk, but thanks to the strong support from Karnataka Udyog Mitra, all the necessary approvals from various government departments have been given in a short span of time. The facility will now be modified to gear up for mass production of the S340 in the coming months.
And as it happens always, we are running out of space in our existing workspace. We will soon be moving to a larger office. More on that in the coming months.

Veteran tigers join the streak
While hiring continues across verticals, we have been joined by two senior industry professionals. We are excited to have them on-board in our journey to get the S340 to production faster.
Dr. Venkatesh Padmanabhan joins us as the Chief Operating Officer. He will head sourcing, vendor development, quality, manufacturing, and procurement at Ather. Venki, as everyone fondly calls him, comes with a long career across multiple automotive companies including General Motors, Daimler Group’s Chrysler, and Royal Enfield where he joined as COO and eventually became the CEO in 2011.
Thiruppathy Srinivasan (Thiru) joins us as VP, Vehicle Development. Thiru joins us with over 25+ years of experience in product organisations like 3M, Rexnord, Tyco, and A.O. Smith. He holds a Master's degree from the Ohio State University and a Bachelor's degree from IIT Madras

Government on full throttle
The electric vehicle market in India is still nascent. Sales of EVs rose 37.5% to 22,000 units in fiscal 2016, still a mere 0.1% of total vehicles sold during the same period in India. Policies interventions haven’t been able to make the expected impact in the market. However, with the latest policy announcements, the Government of India (GoI) seems to have made its intent clear with an ambitious target of running only electric vehicles in India by 2030. The plan to get there and the nitty-gritties are something we too are curious about and we eagerly await the government to share more on this.

All major automobile manufacturers will need to have EVs in their product portfolio. A robust vendor ecosystem to support the requirement will fall into place, one which is non-existent today. And a ubiquitous charging infrastructure, and definite power distribution policies will come into place much earlier than anticipated. Great times ahead for EVs!

And testing continues…

Pictures from the last track testing
As testing continues on the hardware front, our team developed a light Monte Carlo tool for internal use in data simulations. While most free MC tools we could find were Excel based, we decided to build an R-Shiny application to run our own simulations. Since a bunch of our enthusiasts are into data science, we thought it’d be a good idea to make it open source! You can read all about it on our blog.
It looks like it will not be anytime before 2018 that we can expect the S340 to be released.
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Old 8th June 2017, 22:58   #77
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I wouldn't be surprised if a cash rich Hero or Mahindra buys out Ather energy..

They are taking just too much time.. maybe the promoters would be only too happy to find a buyer
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