New Delhi, July 29 -- Electric vehicle maker Ather Energy has signed a memorandum of understanding with the Commerce Ministry to drive faster growth in clean mobility and advanced manufacturing, under the government's push for domestic manufacturing led by the Startup Policy Forum (SPF), the government said on July 29.

The collaboration was announced shortly after Ather's Q1 update, in a market session where the stock traded mildly higher-up nearly 1%. Since its listing in May 2025, Ather's shares have risen close to 14%, reported Moneycontrol.

The partnership is aimed at supporting India's transition to sustainable transport by fostering a future-ready, manufacturing-driven startup ecosystem.

"We are happy to collaborate with DPIIT to...