Ather Energy Competitors

A journey that began 80 years ago in a corner of India and has since traversed the world over. Uniting people from across countries, cultures, and customs over the years with a multitude of different dreams, there's power in an idea. An idea that gave rise to brands that stood the test of time, with partnerships it inspired, and the people who made it all happen. One idea that sparked a legacy - this is the story of Bajaj Auto. “Do what you think is best, but be the best in what you do.” - Kamalnayan Bajaj These words embody the spirit of Bajaj Auto. From 1945 to today, from “Hamara Bajaj” to “The World’s Favourite Indian”- the most loved motorcycle brand in over 100 countries, Bajaj Auto carries its rich legacy and unconventional thinking, with a penchant for staunch differentiation. This philosophy has helped us be No.1 or No.2 in over 20 countries with industry-leading EBITDA of ~20%. Some statistics that reflect our strength: • A Zero Debt 5.5 Billion Dollar Company • World’s largest three-wheeler and third-largest two-wheeler manufacturer • India’s Number 1 motorcycle exporter – 2 out of every 3 motorcycles exported are Bajaj • The largest exporter of Branded Goods – exporting over half of India’s two and three-wheelers • Over 33% of revenue from International markets with 15+ million motorcycles sold With powerful brands, our spectrum ranges from Boxer in Africa to KTM in Europe, from Rouser in Latin America to Pulsar in India, our versatility is evident. International alliances with KTM, Husqvarna, and Triumph have ensured that our horizons are broadened. A pioneer in motorcycle technology, our R&D is world-class with talent from all corners of the globe, with TPM being the prime mover of productivity for the last 25+ years. From lean manufacturing, we have now moved to lean engineering & lean marketing, which has led to globally competitive fixed costs. With ever-expanding plans to win over the world, the sun truly never sets on a Bajaj Motorcycle.

TVS Motor Company (BSE:532343 and NSE: TVSMOTOR) is a reputed two and three-wheeler manufacturer globally, championing progress through sustainable mobility with four state-of-the-art manufacturing facilities located in India and Indonesia. Rooted in our 100-year legacy of trust, value, and passion for customers, it takes pride in making internationally accepted products of the highest quality through innovative and sustainable processes. TVS Motor is the only two-wheeler company to have won the prestigious Deming Prize. Our products have led in their respective categories in the J.D. Power IQS & APEAL surveys and J.D. Power Customer Service Satisfaction Survey. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate. For more information, please visit www.tvsmotor.com

Yulu is India's largest shared micro-mobility service provider using electric two-wheelers to reduce traffic congestion and air pollution in urban India. Yulu service is actively used for the last-mile commute as well as last-mile deliveries, making a real impact on India's goal of electrifying its mobility by 2030. Yulu's mission is to create sustainable cities of tomorrow by revolutionizing the way people commute. Yulu’s technology-driven mobility platform uses IoT, ML, and AI for demand-supply management and efficient operations. Currently, Yulu is present in Bengaluru, Delhi NCR, and Greater Mumbai.