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Indian Journal of Marketing

ISSN: 0973-8703 Frequency: Monthly Peer Review: Double-blind Published since: 1968 Language: English
A publication of AMCPL
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New Delhi, India
Indexed in: Scopus Q3 UGC-CARE Group II ABDC: C Google Scholar J-Gate NAAS NISCAIR Crossref

Original Article

Open Access Original Article

Ather Energy’s Trial by Fire on its Electric Vehicle Startup Journey in India

Thomason Rajan1Nikhil J.2

1 Assistant Professor, Christ Academy Institute for Advanced Studies, Hulahalli, Begur-Koppa Road, Sakalawara Post, Bangalore - 560 083, Karnataka

2 PGDM Student, St. Joseph’s Institute of Management, No. 28/1 Primrose Road, Bangalore - 560 025, Karnataka

Volume 54
Issue 1
Pages 29–43
Year 2024
Received: Sept. 30, 2022 Accepted: Nov. 15, 2023 Published: Jan. 1, 2024
Abstract

Tarun Mehta and Swapnil Jain, two IIT Madras graduates, launched Ather Energy Private Limited in 2013. The founders thoroughly analyzed the EV industry and tried to ascertain whether they could produce battery packs specifically for the EV market. Since battery connectors were essential to a car’s operation, Ather’s team created tiny, portable charging connectors and was granted a patent. Because charging outlets were hard to come by and long-distance travel caused anxiety for customers, the company opted to concentrate on long-range battery life. Ather had to move quickly as rivals began to join the market with less expensive imports. Battery pack fire accidents exacerbated the issue. The case examined Ather’s team’s efforts to create and sell an electric car from the ground up, leveraging their retail background to increase sales despite several obstacles.Practical

Implications: The case discussed the three main strategic decisions that startups must make: whether to “build versus buy” while maintaining quality, whether to focus on the customer experience as the best form of retail, and whether to focus on customers for the rest of their lives to foster loyalty and steady revenue streams.

Originality: A fresh viewpoint on Ather’s startup experience, which was not previously explored in research, was addressed in the case study.

Keywords electric vehicles India Ather Energy retail experience entrepreneurship
How to Cite

Thomason Rajan, Nikhil J. (2024). Ather Energy’s Trial by Fire on its Electric Vehicle Startup Journey in India. Indian Journal of Marketing, 54(1), 29–43. https://doi.org/10.17010/ijom/2024/v54/i1/173381

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