Share

Ather Energy is FAME II compliant

Receives increased subsidy of Rs 27,000; will be passed on to customers

Share
Hero MotoCorp, Ather Energy, Chennai, Bengaluru, Electric twowheelers, FAME II

Hero MotoCorp backed-Ather Energy has announced that their flagship intelligent scooter, Ather 450 is FAME 2 compliant and will receive an increased subsidy of Rs 27,000. Though orders for the scooter have continued in Bengaluru through the month of April, deliveries had been held off by the company so the new subsidy benefit could be passed on to the owners. Consumers can expect their Ather 450s to start being delivered in the next couple of weeks, with the new on road price of Rs 1,23,230.

Ather Energy is one of the first auto companies in India to design and build its scooters and charging infrastructure locally. The auto player was the first one to introduce high performance intelligent vehicles in the market and is redefining consumers expectations of electric vehicles. Ather 450 and Ather Grid will be available in Chennai in June and will be followed by more cities in the coming year. Ather Energy will install 6500 charging points across the country and will be operational in 30 cities by 2023.

Under the government's FAME II scheme to popularise electric and hybrid vehicles, up to 10 lakh electric two-wheelers powered by new advanced technology battery of 2KWH are pegged to get subsidy of up to Rs 20,000.

To avail the government subsidy, the maximum ex-factory price of an electric two-wheeler is up to Rs 1.5 lakh.

The company said Ather 450 model and Ather Grid network of charging points will be available in Chennai in June and will be followed by more cities in the coming year.

Newsletter

Most Popular

Digital Edition

May 2019
From the magazine

Subscribe Now