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India’s First Geared Electric Motorcycle Gets Pricier!

EV start-up Matter has announced a substantial price hike for its maiden offering, the Aera
Matter’s Aera 5000 will cost ₹ 1.74 lakh, while the range-topping 5000+ variant will be priced at ₹ 1.84 lakh (ex-showroom)
Aera Prices Hiked by ₹ 30,000
Why Prices Have Increased
A substantial reduction in FAME-II subsidies for electric two-wheelers has forced companies to hike prices
Price Protection for Early Buyers
Those who book the Matter Aera before June 6 will get the bike at its launch price of ₹ 1.44 lakh
Deliveries of the Aera Delayed
Originally scheduled to begin by June, customer deliveries of the Aera will now only begin in September
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