Latest news with #Ather450Series
Hindustan Times
2 days ago
- Automotive
- Hindustan Times
Ather Energy launches Battery as a Service, Buyback Program and Extended Warranty
Ather Energy Ltd, one of India's leading electric two-wheeler manufacturers, has announced three major initiatives aimed at tackling the primary concerns that prevent consumers from switching to electric scooters. The company has introduced Battery as a Service (BaaS), extended its Assured Buyback Programme, and launched an Extended Comprehensive Warranty (ECW). Making EV Ownership More Affordable with Battery as a Service The new Battery as a Service (BaaS) model allows customers to purchase an Ather scooter without paying upfront for the battery. Instead, they can opt for monthly usage plans starting at just ₹1 per kilometre. This approach splits the cost between the scooter 'shell" and the battery, reducing the initial investment by up to 30 per cent. Under the scheme: Ather Rizta starts at ₹75,999 (ex-showroom, Lucknow) Ather 450 Series starts at ₹84,341 (ex-showroom, Lucknow) The battery cost is spread over 3–4 years based on usage, with a minimum 1,000 km monthly plan. Additionally, customers get free fast charging for one year at Ather's 3,300+ chargers nationwide. Also Read : Ather teases voice command features for Halo helmet Assured Buyback for Resale Value Confidence Following the success of its pilot earlier this year, Ather has expanded its Assured Buyback Programme to a larger audience. Buyers are guaranteed up to 60 per cent of the scooter's value after three years and up to 50 per cent after four years, depending on kilometres travelled. This addresses one of the biggest uncertainties for EV buyers — resale value in a rapidly evolving market. Extended Comprehensive Warranty for Long-Term Peace of Mind The Extended Comprehensive Warranty (ECW) covers the battery and 11 other essential components, including the motor, controller, dashboard, and charger, for up to five years or 60,000 km (whichever comes first). Available for all AtherStack Pro customers, the warranty safeguards owners from unexpected repair costs and ensures a worry-free ownership experience. Ather Energy's Growing EV Ecosystem Founded in 2013, Ather Energy currently offers two main product lines — the Ather 450 Series for performance-focused riders and the Ather Rizta for family-oriented buyers. The company also operates India's largest two-wheeler fast-charging network, the Ather Grid, with over 4,000 chargers installed across India, Nepal, and Sri Lanka. With the introduction of BaaS, an expanded buyback program, and enhanced warranty coverage, Ather aims to make the switch to electric mobility more attractive, affordable, and secure for Indian households. Check out Upcoming EV Bikes in India. First Published Date:
Business Standard
11-06-2025
- Automotive
- Business Standard
A Greener Ride for a Smarter Future - Selfspin Rentals Launches 100 Electric Two-Wheelers in Bengaluru
VMPL Bengaluru (Karnataka) [India], June 11: Selfspin Rentals proudly announces the launch of its first fleet of 100 electric two-wheelers in the Bengaluru market. This milestone marks the beginning of an ambitious expansion plan, with 1,000 electric vehicles set to be deployed across the city during the financial year 2025-26. Selfspin is backed by years of operational expertise in petrol two-wheeler and car rentals in cities like Pune, Goa, Chandigarh, and Amritsar, Selfspin is now fully committed to accelerating the shift to clean, electric mobility. This initiative is driven by strategic partnerships with India's leading EV manufacturer--ATHER ENERGY LIMITED through its authorized dealer Scooterman Automotive Private Limited, Bangalore Our Mission: A Greener Ride for a Smarter Future Driven by our motto--"Silent Rides, Smart Investments, Save Our Earth"--Selfspin Rentals is dedicated to transforming transportation by offering only electric vehicles. This commitment reflects not just a business direction, but a promise to contribute actively to a sustainable and eco-conscious future. The Selfspin Ecosystem At the core of our model lies a powerful, community-driven ecosystem: - Shared Vehicles, Smarter Access: EVs are made available to users via monthly rental subscriptions or short-term rentals. - Investor-Backed Fleet: Individual and institutional investors fund the fleet and earn monthly returns. This circular ecosystem ensures profitability and sustainability--empowering users with accessible EVs and rewarding investors with consistent income. Fleet Highlights - Ather 450 Series Featuring high-performance models like the 450X & 450S, these scooters offer cutting-edge features such as multi-mode traction control, MagicTwist™ regenerative braking, and enhanced TrueRange™ capabilities. Example: The 450X comes with delivering a certified range of up to 130 km. Investment Opportunities with their Moto of SILENT RIDES, LOUD RETURN Selfspin invites individuals, bulk investors, and organizations to participate in this electric revolution through flexible and transparent investment plans, including: - Revenue-sharing models - Fixed monthly return options Our goal is to create win-win opportunities where green mobility meets smart, reliable income. Co Founder - Akash Desale Selfspin Mobility Private Limited
