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This article discusses the recent performance of Ather Energy and Ola Electric in the electric scooter market, including their market caps and sales figures.

Ather Energy, an electric scooter company from Bengaluru, has recently gained investor confidence. On Monday, its market cap surpassed that of Ola Electric Mobility for the first time since both companies entered the electric scooter market. Ather’s shares closed up by 4.78%, bringing its market cap to Rs 23,601 crore.

In contrast, Ola Electric’s shares fell by 2.54%, reducing its market cap to Rs 23,200 crore. During the July to September quarter, Ather Energy also outperformed Ola Electric in total sales, marking a significant shift in the market.

In September, Ather sold 52,597 units, finishing second among India

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