Ather Energy premises in Chennai hit by fire

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Ather Energy premises in Chennai hit by fire

Ather Energy was informed on Friday that its premises in Chennai had suffered a minor fire incident, affecting property and scooters.

The EV manufacturing company stated that all of its employees are safe and things are under control. The experience centre will be operational soon, it said on Twitter.

More details are still being awaited on the incident.

Ather Energy raised $128 million in a Series-E round led by state-owned National Investment and Infrastructure Fund Limited's NIIFL Strategic Opportunities Fund SOF and Hero MotoCorp, a significant shareholder of Ather. The funding will be used to expand manufacturing facilities, invest in research and development, charge infrastructure and expand its retail network.