# Hero MotoCorp investment in Ather Energy > Live situation record from CLSTR: https://clstr.news/situations/hero-motocorp-investment-in-ather-energy > Updated: 2026-08-28T14:45:04.000Z. Sources: 4. Developments: 2. Hero MotoCorp has significantly increased its investment in electric vehicle manufacturer Ather Energy through a series of financial transactions. Initially, Hero MotoCorp subscribed to convertible warrants worth approximately ₹9.6 billion. This transaction involved an upfront payment of ₹2.4 billion, with the intention of increasing its fully diluted holding in Ather from 29.48% to approximately 30.68% upon conversion. The capital raised was designated for research and development, marketing, debt repayment, and the ‘Factory 3.0 project’ in Maharashtra. Subsequently, Hero MotoCorp expanded its stake further to 32.8% through a ₹1,758 crore block deal. This involved purchasing approximately 1.18 crore shares from the Singapore government via an open market transaction. These funds are also intended to support Ather’s expansion and the ‘Factory 3.0 project’ in Chhatrapati Sambhajinagar, which aims to reach an annual production capacity of 1.42 million units. During this period, Ather Energy reported an 89% year-on-year increase in operating revenue for Q1 FY27 and a 71% reduction in net losses. ## Timeline ### 2026-08-28: Hero MotoCorp raises Ather Energy stake to 32.8% in ₹1,758 crore deal Hero MotoCorp increased its stake in Ather Energy to 32.8% through a ₹1,758 crore share purchase from the Singapore government to bolster its position in India’s electric two-wheeler market. 2 sources. https://clstr.news/cluster/hero-motocorp-raises-ather-energy-stake-to-328-in-1758-crore-deal ### 2026-08-26: Hero MotoCorp invests ₹9.6 billion in Ather Energy warrants Hero MotoCorp is deepening its electric vehicle investment by subscribing to ₹9.6 billion in convertible warrants in Ather Energy, part of a larger ₹10 billion commitment. 2 sources. https://clstr.news/cluster/hero-motocorp-invests-96-billion-in-ather-energy-warrants --- Cite as: Hero MotoCorp investment in Ather Energy. CLSTR, https://clstr.news/situations/hero-motocorp-investment-in-ather-energy