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Ather 450 Plus Prices Slashed Ahead Of Deliveries; New BuyBack Program Introduced

The Ather 450 Plus is the new entry model in the EV company's line-up and has received a price cut of about Rs. 9000, while the start-up has also announced major revisions to its subscription plans, new BuyBack assurance program and the cancellation of home charging reimbursement.
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By Sameer Contractor

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1 mins read

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Published on October 20, 2020

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Highlights

  • The Ather 450 Plus is now the brand's new entry-level electric scooter
  • The annual service & connectivity packs are now cheaper for the escooters
  • Ather 450X customers will get assured buyback of Rs. 85,000 after 3 years

Ather Energy has made a slew of announcements ahead of commencing deliveries of the 450 Plus and 450X scooters to customers. Most notably, the new Ather 450 Plus has seen a price drop since it was first announced in January this year. The electric scooter is now priced at Rs. 1.40 lakh which is a reduction of about Rs. 9000 over the launch price of Rs. 1.49 lakh. With the price drop, the Ather 450 Plus becomes the most affordable offering in the Ather line-up, as the 450 has now been discontinued. Meanwhile, the flagship Ather 450X continues to retail at the originally announced price of Rs. 1.59 lakh (all prices, ex-showroom, Bengaluru, after GST and FAME subsidy).

Also Read: Ather Energy Begins Setting Up Ather Grid Charging Stations Pan India, 6500 Points Planned by 2022

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The first batch of Ather 450X customers will get the Collector's Edition with deliveries starting next month

Ather Energy has also introduced the new BuyBack Assurance program for the Ather 450X customers that will see the company guarantee a value of Rs. 85,000 at the end of three years of the ownership period. In addition, the company has revised subscription plans for more flexible usage. Customers will now be able to choose from different packs that is further divided into Lite and Pro.

The Ather Connect Lite includes all the basic connected tech features including onboard navigation and OTA updates, and is priced at Rs. 1500 annually or Rs. 125 per month. On the other hand, the Ather Connect Pro also adds ride statistics on the mobile app, remote location tracking, theft and tow detection, remote charge monitoring, and push location. The Pro package is priced at Rs. 2400 annually.

Also Read: Ather 450X Series1 Collector's Edition Breaks Cover

With respect to service packages, the Ather Service Lite offers scheduled maintenance, labour and consumables cost, charge and puncture assistance, and RSA at an annual cost of Rs. 2400. The Service Pro also offers free pick-up and drop service in addition to the features offered in Lite pack, for an extra of Rs. 3600. With the revised packages, Ather has dropped its home charging reimbursement that was offered to 450 customers, wherein the company would reimburse the customer for the electric units consumed. Meanwhile, charging at public charging points - Ather Grid - will remain free until March 2021.

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Ather has dropped its home charging reimbursement program but public stations will remain free until March 2021

Ather will also discontinue the battery subscription for the 450X scooter temporarily as it was getting difficult for customers to understand the price break-up for the same. Moreover, the new EV battery policies have also been a reason for discontinuing the service until there is more clarity on the matter. Under the battery subscription model, the Ather 450X was priced at Rs. 99,000 (ex-showroom, Bengaluru), while the battery itself would have to be purchased at a monthly rental. Ather also says that the outright purchase model also lowered the risk of the brand's financial partners, as partial ownership would make securing loans difficult for customers.

Also Read: Ather Energy Adds Kozhikode To Expansion Plan For New Cities

WATCH: Ather 450X Review

Lastly, Ather has confirmed the full payment window for the Ather 450 Plus and the 450X will open on October 31, 2020. Deliveries will begin from Diwali onwards, while test rides are now being made available in the top metros. The experience centres in new cities like Mumbai, Pune, Ahmedabad, Delhi-NCR among others will be operational by end of November or early December.

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Last Updated on October 20, 2020


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