Ather Energy’s Rizta Crosses 1 Lakh Sales, Boosts Market Share Nationwide

Ather Energy Limited has announced a major milestone for its family scooter, the Rizta, which has crossed 1 lakh units in retail sales within just one year of its launch. Since its unveiling in April 2024, the Rizta has been widely accepted by family scooter buyers across India, contributing to a notable increase in Ather’s market share.

Expanding Ather’s Reach with the Rizta

As Ather’s first family scooter, the Rizta significantly expanded the company’s product portfolio, enabling it to serve a larger and more diverse consumer segment. Deliveries scaled up in Q2 FY25, helping Ather grow its market presence across key states, including Gujarat, Rajasthan, Maharashtra, Madhya Pradesh, Odisha, and Chhattisgarh. The Rizta has quickly become the preferred choice among buyers, making up approximately 60% of total Ather sales to date.

Commenting on this milestone, Ravneet Phokela, Chief Business Officer, Ather Energy said, “Hitting the 1 lakh milestone with the Rizta is a big moment for us. The Rizta, which was built from the ground up with a focus on addressing the needs of Indian families, has played a key role in expanding our reach and connecting with a much wider set of customers.”

He further stated, “In less than a year since its launch, the Rizta has helped us grow our market share significantly across multiple states, broadened our consumer profile, and accelerated adoption in states where our presence was earlier limited.”

Ather Energy Share Price Performance

On June 4, 2025, Ather Energy share price opened at ₹315.00, up from its previous close of ₹314.60. At 9:24 AM, the share price of Ather Energy was trading at ₹313.75, down by 0.27% on the NSE.

Also Read: Ather Energy Q4FY25 Results: Revenue Up and Losses Reduced!

Conclusion

The Rizta’s rapid sales growth and feature-rich design underscore Ather Energy’s success in addressing evolving customer needs in the electric scooter market. Along with the Ather 450 series, the Rizta has helped Ather become the #1 electric scooter brand in South India in Q4 FY25, positioning the company for continued growth and leadership in India’s expanding EV industry.

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