Ather Energy Surpasses 500 Experience Centres
- By MT Bureau
- September 18, 2025
Bengaluru-based electric vehicle maker Ather Energy has reached a significant milestone by opening over 500 Experience Centres (EC) across the country. In just the last three months, the company added 101 new centres, with a strong focus on expanding its presence in central and northern India.
The company's rapid expansion is largely driven by the growing demand for its electric scooters, particularly the new Rizta, Ather's first family-oriented scooter. While southern India remains Ather’s strongest market, the success of the Rizta has accelerated its growth in new regions.
Ravneet Singh Phokela, Chief Business Officer, Ather Energy, said, “Crossing 500 Experience Centres marks an important step in our growth journey, as we continue to expand our presence in line with rising demand across markets. While South India continues to be our strongest base, where we are steadily growing, the success of Rizta has also helped us fast-track expansion in Middle and North India. This growth is not confined to metros alone. We are also building deeper into tier 2 and 3 cities, where consumer response has been equally encouraging. As we continue to scale, our focus remains on making Ather accessible to more customers across India, with the aim of crossing 700 Experience Centres by the end of FY26.”
Going forward, Ather aims to have over 700 Experience centres by the end of fiscal year 2026 to make its vehicles more accessible to a wider audience. The company is not only expanding its retail footprint but also its service network, including dedicated Ather Gold service centres.
The EV maker’s market share has grown from 7.6 percent in Q1 FY2025, to 14.3 percent in Q1 FY2026.
To support its ambitious growth, Ather operates two manufacturing plants in Hosur, Tamil Nadu, and is building a third facility in Maharashtra that will increase its total annual production capacity to 1.42 million electric two-wheelers.
Battery Smart Completes 100 Million Battery Swaps In India
- By MT Bureau
- December 17, 2025
Delhi-NCR-based electric vehicle battery swapping organisation Battery Smart has announced that it has become the first company in India to complete 100 million battery swaps across its network for electric two- and three-wheelers.
The achievement comes five years after the company’s founding. Battery Smart claims it currently operates approximately 70 percent of the battery-swapping infrastructure in the country.
To mark the achievement, the company has launched an INR 100 million Driver Welfare Fund 2026, which is designed to provide insurance, financial protection and skill development for approximately 100,000 electric vehicle (EV) drivers. The fund also includes referral programmes, free swaps and community inclusion initiatives.
Pulkit Khurana and Siddharth Sikka, Co-Founders of Battery Smart, said, “Crossing 100 million swaps is a landmark for EV adoption in India, not just for us. It demonstrates the potential of battery swapping to make clean mobility accessible, affordable, and inclusive at scale. Each swap represents a choice, a driver choosing clean mobility over combustion, assurance over anxiety and improved uptime over long waiting hours. This achievement belongs to our community of drivers, battery swap station partners, OEM collaborators, investors, and policymakers who believed that battery swapping could succeed at scale in India.”
The company’s ecosystem includes over 5,000 women drivers and 250 women partners. Its technology utilises IoT-enabled batteries and real-time monitoring to enable predictive maintenance and minimize downtime for drivers in the gig economy.
“Looking ahead, the Driver Welfare Fund reinforces our commitment to the community that made this possible. As we continue to grow, we remain focused on strengthening India’s EV mobility backbone, powered by smarter IoT batteries, more efficient station operations, and robust safety systems. This milestone is just the beginning, and together, we are building the future of clean mobility for India,” added Sikka.
Going forward, Battery Smart intends to expand into 100 additional cities by 2026. The company’s roadmap involves deploying more swap stations and increasing daily swap capacity to meet demand from commercial operators. Planned investments include safety systems and IoT intelligence as the company continues to work with regulators and industry stakeholders.
Ola Electric Begins Mass Deliveries Of 4680 Bharat Cell Powered Vehicles
- By MT Bureau
- December 08, 2025
Ola Electric has announced the commencement of mass deliveries of its 4680 Bharat Cell-powered vehicles. The S1 Pro+ 5.2 kWh is the first product to be powered by the company’s indigenously manufactured 4680 Bharat Cell battery pack, which delivers more range, better performance and enhanced safety.
With its own battery packs in the vehicles, Ola Electric is now India's first company to fully own the battery pack and cell manufacturing process in-house.
The S1 Pro+ 5.2 kWh is powered by a 13 kW motor, offering acceleration of zero to 40 kmph in just 2.1 seconds. It comes with an impressive 320 km range (IDC with DIY mode).
The S1 Pro+ features four riding modes (Hyper, Sports, Normal and Eco) and also offers enhanced safety with category-first dual ABS and disk brakes in the front and rear. It also gets enhanced ergonomics and comfort, a two-tone seat with supportive foam, body-coloured mirrors, a die-cast aluminium grab handle, rim decals and an expanded colour palette comprising Passion Red, Porcelain White, Industrial Silver, Jet Black, Stellar Blue and Midnight Blue.
“The excitement for S1 Pro+ has been phenomenal. Deliveries are now in full swing, and customers are proudly riding India’s first scooters powered by our own 4680 Bharat Cell. This is a big moment, not just for Ola, but for India’s journey towards becoming a global EV hub. With the national rollout starting soon, we are now ready to take this breakthrough product and technology to every corner of the country,” an Ola Electric spokesperson said.
Trinseo Launches Fourth-Generation Binder For The Next Wave Of EV Batteries
- By MT Bureau
- December 03, 2025
Trinseo has introduced its latest innovation, the Fourth-Generation SBR Binder Platform, designed to meet the evolving demands of electric vehicles and battery energy storage systems. This development reflects the company's strategic focus on delivering high-performance materials essential for the global shift towards sustainable energy.
The platform results from advanced polymer science and collaboration with battery manufacturers, targeting key industry requirements such as increased energy density, superior durability and more efficient production. It provides a significant improvement in peel strength, enabling stronger electrode bonds, thicker coatings and higher manufacturing speeds. These attributes are vital for developing higher-capacity batteries that can extend driving range and improve storage solutions.
The inaugural product, VOLTABOND 109 Latex Binder, offers this next-generation performance with broad compatibility across various anode materials and manufacturing processes. Its design ensures excellent stability and low resistance, supporting faster charging and long-term reliability. To ensure robust supply, Trinseo will produce the platform locally within major global regions, enhancing responsiveness to battery production hubs.
Rooted in decades of expertise, this new platform establishes a foundation for future innovations tailored to diverse customer needs across the battery value chain.
CATL And Stellantis Begin Work On EUR 4.1 Billion Spanish Battery Plant
- By MT Bureau
- November 28, 2025
CATL and Stellantis broke ground on a EUR 4.1 billion battery plant in Figueruelas, Spain, on 26 November. The 50:50 joint venture will produce lithium-iron-phosphate battery cells and targets an annual production capacity of 50 GW/h.
The project, which is Spain’s largest battery factory, is backed by over EUR 300 million in EU funds, with production expected to start in late 2026.
According to unions, around 2,000 Chinese workers will help construct the site, a point of contention with local authorities and residents. Also, 3,000 Spanish staff are to be hired and trained later.
Spanish authorities and residents have voiced concerns about job opportunities for local workers and potential strain from the influx of foreign employees. CATL Vice President Meng Xiangfeng said earlier in November the company needed experienced technicians to build and fine-tune production lines, with plans to train local workers to take over operations gradually.
David Romeral, Director General of CAAR Aragon, a network of automotive businesses in the region, said: “We don’t know this technology, these components – we’ve never made them before. They’re years ahead of us. All we can do is watch and learn.”
The regional government is organising work permits for arriving workers while seeking to attract battery supply chain companies to Aragon. Some Chinese technicians and managers have already arrived, with several hundred more expected by year-end and nearly 2,000 by the end of next year.
CATL’s approach contrasts with its Hungarian site in Debrecen, where it hired mostly locals to build its European plant. However, a lack of local workers caused production to be delayed from late 2025 into mid-2026. The Figueruelas facility will serve as CATL’s third European manufacturing operation, alongside the Hungarian plant and one in Germany.

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