Ather Energy, a Bangalore-based electric two-wheeler manufacturer, has been reduced the prices of the electric scooters from after the government brought down the GST rate on EVs from 12% to 5 %. Following this, the on-road price of the Ather 340 has become cheaper by around Rs 8,000 and now it costs on-road price tag of Rs 1,02,460 in Bangalore and Rs 1,10,443 in Chennai. The premium version, Ather 450 price is slashed by around Rs 9,000, and now the on-road price of the Ather 450 is Rs 1,13,715 in Bangalore and Rs 1,22,224 in Chennai.
Ather Energy scooters have seen a drop in price for the second time, Where both models got FAME II approval which made them eligible to receive subsidy granted by the government. After getting the benefits of GST reduction and FAME II approval, Ather 450 got a price reduction by Rs 26,732 and Ather 340 got a price reduction by Rs 23,959.
Ather Energy scooters are on sale in Bangalore from past one year. Recently got into Chennai as well where the dispatches are set to begin from September this year. Ather is aiming to expand to other major cities such as Mumbai, Hyderabad, Delhi NCR, Pune soon.