Two Wheelers
Sameer Contractor
Jul 8, 2019, 11:57 PM
Homegrown EV manufacturer Ather Energy has commenced its operations in Chennai, its second market after Bengaluru. The company held its first customer event last weekend in the city, and has also begun accepting pre-bookings for its electric scooters for a token amount of Rs. 5000. The Ather 450 is priced at Rs. 1.31 lakh, while the entry-level Ather 340 is priced at Rs. 1.11 lakh (all prices, on-road Chennai), and will be officially launched tomorrow. The prices are about Rs. 5000-6000 more expensive than Bangalore. It is to be noted that the on-road price is in-line with the current GST rate of 12 per cent on EVs, and is likely to see a reduction once the GST council approves the five per cent rate as recommended under the Union Budget 2019.
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