Brief: India's Ather Energy CEO Says Operating Leverage Primary Driver Behind Narrowing Losses
02/02/2026 13:03
Feb 2 (Reuters) - Ather Energy CEO: OPERATING LEVERAGE PRIMARY DRIVER BEHIND NARROWING LOSSES SEE SOME HEADWINDS THIS YEAR ON COMMODITY COSTS, PULLBACK OF EV INCENTIVES EXPECT NEW AUTO INSURANCE DISTRIBUTION BUSINESS TO BE MARGIN ACCRETIVE LAUNCH OF 'EL' EV PLATFORM SCHEDULED FOR LATER THIS YEAR BELIEVE 'EL' LOW-COST EV PLATFORM WILL OPEN UP MORE MARKETS FOR US IN NORTH INDIA OPEN TO STARTING PRODUCTION OF MODELS BASED ON 'EL' PLATFORM FROM EXISTING HOSUR FACILITY NO MATERIAL IMPACT IN Q3 FROM CHINA'S EXPORT CURBS ON RARE EARTH MAGNETS Further company coverage: ATHR.NS ((Reutersbriefs@thomsonreuters.com;))
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