Key announcements made in the meet
- Ather Energy introduces a Buyback Program on the Ather 450X
- Assured buyback of INR 85,000* for the Ather 450X at the end of 3 years
- Also improves purchase-enabling & ownership solutions for the Ather 450X
- Price of the Ather 450 Plus slashed
Ather Energy introduces a Buyback Program on the Ather 450X
-
Assured buyback of INR 85,000* for the Ather 450X at the end of 3 years
-
Also improves purchase-enabling & ownership solutions for the Ather 450X
-
Price of the Ather 450 Plus slashed
Ather Energy is introducing a first-of-its-kind program in the EV category in India, an ‘Assured Buyback’
program for the Ather 450X. Ather Energy is guaranteeing a buyback for the Ather 450X at
INR 85,000*, at the end of 3 years.
One of
India’s few “Make in India” EV manufacturers, Ather Energy has built its
own li-ion battery packs and an overall robust platform in the Ather
450 product line. The reliability of the product line has been
tested since 2018 in Bengaluru & later in Chennai, and on seeing
the high consistency in performance, Ather Energy has launched a unique
buyback plan. The high reliability of the product will ensure that the
scooters will command a strong value in the resale
market, as witnessed by existing owners of Ather 450.
The buyback
program is another bold move from Ather Energy, in it's endeavor to
accelerate EV adoption in the country. With initiatives like Ather Grid,
EV focused experience centres and a highly engaged owner
Forum, Ather Energy has gone much beyond building just scooters.
Aside from
the new buyback program, Ather Energy has also improved some of the
purchase enabling solutions for the launch of Ather 450X. Post the
success of the lease model in Bengaluru and Chennai, Ather Energy
will be extending the same for the Ather 450X across all cities. The
model allows the customers to access a fully loaded Ather 450X at a
lower price point & a nominal monthly fee. In the current economic
context, this might be significant for a segment of
customers who are unwilling to opt for a full purchase.
To reduce the
overall cost of ownership of the Ather 450X, Bengaluru consumers can
exchange their old petrol ICE 2-wheeler and others can opt for low
interest rate loans from multiple partners that Ather Energy
has tie-ups with. Ather Energy has also reduced the ex-showroom price
of the Ather 450 Plus model, which can now be purchased at INR 139,990.
Ather’s
subscription plans have also been revised and made more flexible in
order to match the usage of the consumer. The plans now offer 4
independent packs that the customer can choose from based on their
usage,
now starting at INR 125 per month. These include Ather Connect Lite
(for all basic connected features), Ather Connect Pro, Ather Service
Lite (periodic maintenance, RSA & labour) and Ather Service Pro
(premium service experience). Meanwhile, charging at public
charging points, Ather Grid, will be free until March 2021.
Quote by Tarun Mehta, Co-founder & CEO, Ather Energy:
"Our
faith in our product line has allowed us to create innovative solutions
to make the switch to electric, easier - whether it is purchase or
ownership. We believe Ather Energy's electric scooters
are going to have a fantastic value for years and will keep improving
with new features which we will roll out as over the air upgrades. And
to strengthen that assurance we are announcing a resale guarantee.”
*For details and terms of the Assured Buyback Program, please visit
www.atherenergy.com