<ul><li>Ather Energy Pvt. is considering cutting the size of its initial public offering by at least $50 million from an earlier target of about $400 million.</li><li>The potential smaller size is because the Indian electric-vehicle maker’s existing investors are considering offering fewer shares in the sale.</li><li>Ather is still planning to go ahead with the IPO in the coming weeks despite the fresh volatility in global stock markets.</li><li>Considerations are ongoing and details of the offering could change.</li></ul>

EV Maker Ather Is Said To Consider Smaller IPO Amid Market Chaos

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