New Delhi. Indian electric two-wheeler maker Ather Energy has revealed that the price of its 450+ scooters has been reduced by almost 20% in Maharashtra. According to the EV manufacturer, after adding the state’s EV subsidy to 450+, customers will have to pay around Rs 24,000 less to ride on a new electric scooter. Announcing this on Twitter, Tarun Mehta, Co-Founder and CEO, Ather Energy wrote, “EV subsidy is finally going live in Maharashtra. The 450+ has seen a price drop of Rs 24,000 in the state, and is now offered at Rs 1.03 lakh.
Earlier the price in Maharashtra was so much – The new price means that the price of Ather 450+ electric scooter in Maharashtra will be the lowest across India. Tarun Mehta said that the prices are very competitive, and which cost less than many 125cc scooters.
Also read: This could be Mahindra & Mahindra’s next electric car, Mahindra Group hints
After the FAME II revision, the Ather 450+ electric scooter was priced at Rs 1.22 lakh (ex-showroom) and the Ather 450X at Rs 1.41 lakh (ex-showroom). Without state EV subsidy, the Ather 450+ is priced at Rs 1.28 lakh in Delhi, and the 450X is priced at Rs 1.47 lakh (ex-showroom, FAME 2 incentives and inclusive of GST) in Delhi.
Also read: Tata Punch SUV teaser released, see features in the video
Is Ola Electric Scooter Cheaper Than This – Despite the reduction in price, the Ather 450+ is still not the most affordable electric two-wheeler to buy in Maharashtra. It doesn’t get any more affordable than its competitor Ola Electric’s S1 electric scooter, which costs Rs 94,999 (ex-showroom, post-state and FAME-II subsidy).
According to reports, Ather Energy is working on a new electric scooter, which will cost less than Rs 1 lakh as compared to the offerings from Ola Electric. However, its launch still has a long way to go, which is scheduled for the first quarter of the 2023 financial year.
Read Hindi News online and watch Live TV News18 on Hindi website. Know news related to country and abroad and your state, Bollywood, sports world, business.