Ather Energy

Ather Energy is an electric vehicle startup focused on the development of electric scooters, competing in the growing electric vehicle market in India. The company aims to provide smart, connected vehicles that cater to urban mobility needs with an emphasis on performance and sustainability.

CCI Score

40.65

-0.17% May 31

Latest Event

CCI Approval of NIIF's Additional Stake in Ather Energy

The Competition Commission of India approved NIIF's proposal to acquire additional stakes in Ather Energy via the green channel route, supporting investments in clean, low-carbon mobility without disrupting market competition.

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DISSENTER

Ather Energy is currently rated as a Dissenter.

+25 to +44 CCI Score

These companies are vocal in their opposition to authoritarian regimes. They publicly criticize oppressive policies and engage in advocacy efforts to promote accountability and transparency, even if their actions aren’t as extensive as those of Moral Leaders.

Latest Events

SEP

09

2024

CCI Approval of NIIF's Additional Stake in Ather Energy
13.95

The Competition Commission of India approved NIIF's proposal to acquire additional stakes in Ather Energy via the green channel route, supporting investments in clean, low-carbon mobility without disrupting market competition.
+15

Economic and Structural Influence

April 23

The green channel approval by the CCI enables NIIF to increase its stake in Ather Energy, bolstering investments in sustainable electric mobility. This move aligns with progressive environmental and economic initiatives that promote low-carbon strategies and innovative mobility solutions, thereby supporting a progressive economic structure.

NIIF Gets Approval from CCI for Additional Stake in EV Startup Ather Energy
JAN

01

2024

Ather Energy CSR Policy Implementation
69.44

Ather Energy released a comprehensive CSR policy in January 2024, outlining its commitments to ethical business practices, community engagement, environmental stewardship, and responsible governance. The policy emphasizes sustainable development goals, disaster response, education, and skill development initiatives that aim to benefit both the company and the communities it serves.
+80

Business Practices and Ethical Responsibility

April 23

The CSR policy demonstrates a strong commitment to ethical business practices and community responsibility. It aligns with progressive values by enhancing social, environmental, and governance standards, and works towards sustainable, inclusive community development. Such a policy can be seen as a positive corporate action within the Business Practices and Ethical Responsibility category.

PDF Ather CSR Policy - Ather Energy
DEC

31

2020

Ather Energy Releases Its First Impact Report Highlighting Sustainability & DEI
38.57

Ather Energy published its first Impact Report for FY2019-2020, outlining its achievements in reducing CO2 emissions, localizing supply chains, and promoting diversity and inclusion with 30% female representation in its manufacturing facility. The report, verified through third-party assessment by Aspire Impact, demonstrates transparent impact reporting and a commitment to ethical business practices.
+60

Business Practices and Ethical Responsibility

April 23

The release of a comprehensive Impact Report that details social, environmental, and economic performance reflects strong ethical responsibility. Key highlights such as high localization (99% localized components), significant CO2 emission savings, and leadership in diversity and inclusion substantiate Ather Energy's commitment to progressive business practices, aligning with anti-fascist and socially responsible values.

Ather Energy Releases Its First Impact Report - BW BusinessWorld