Ather Energy has introduced 450S, a new variant powered by a 3-kWh battery pack which is expected to have an IDC (Indian Driving Conditions) range of 115 km and a top speed of 90 km/h.
As per the company, with a starting price of INR 129,999 (exclusive of State subsidy), the 450S is within reach of Indian commuters, who are now buying 125-cc performance ICE scooters but are keen to switch to much smarter and better performing scooters.
Tarun Mehta, Co-Founder & CEO, Ather Energy, said, “The 450 platform has been immensely successful for us, and we wanted to make it available to a wider set of buyers. The 450S will be our new entry-level variant for those looking to enter the electric segment but are seeking the quality and assurance that Ather scooters provide. Within the category, the 450S will break new grounds and will offer first-of-its-kind tech features in the performance scooter segment, raising the bar in terms of riding pleasure and safety while still delivering on performance.”
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Further, following the FAME II subsidy revision applicable from today, the vehicle maker has revised the prices of its scooters effective today. The FAME II subsidy, one of the important levers that accelerated EV adoption in India, is revised to INR 10,000 per kWh with a maximum cap of 15% of the ex-factory price.
“The FAME II revision has resulted in a subsidy reduction of around INR 32,000. However, Ather is absorbing a huge chunk of this price impact for its customers with a view to quicken EV adoption in the country. Starting today, 450X with Pro Pack (offered as an accessory) will be available at INR 165,000 (ex-showroom Bangalore), which is just marginally higher than prices in March 2023. We have tried to contain the prices as much as possible in the interest of our customers and have registered the lowest price hike in the industry post the FAME II subsidy reduction. The enormous price absorption, coupled with offering 700W home fast charger and Ather Grid access up to 3kW, adds immense value to the customers paying an incremental price post the subsidy revision,” said Ravneet S Phokela, Chief Business Officer, Ather Energy.