OPG Mobility Lowers Ferrato Scooter Prices, Expands Domestic EV Production
OPG Mobility has announced a price reduction on several Ferrato electric scooter models across India, passing supplier cost savings to customers. The move aligns with the company’s ‘Make in India’ initiative, strengthening domestic EV production. Alongside price adjustments, OPG Mobility is expanding its manufacturing capabilities and integrating MTEKPOWER for enhanced battery and energy solutions.
OPG Mobility Lowers Ferrato Scooter Prices, Expands Domestic EV Production
OPG Mobility, previously known as Okaya EV, has announced a price reduction for several models in its Ferrato electric scooter range. The price adjustment applies across India and excludes the MotoFaast and Faast F3 models. The company states that the decision is based on cost savings achieved from suppliers, which it aims to pass on to customers.
Focus on Domestic Manufacturing and Expansion
As part of its expansion strategy under the ‘Make in India’ initiative, OPG Mobility has increased its production capabilities. The company is planning to integrate its MTEKPOWER brand to upgrade battery and energy storage solutions, aiming for improved supply chain efficiency and reduced production costs.
Price Adjustments Across Ferrato Range
- Ferrato Faast F4: Rs 1,09,999 (previously Rs 1,18,999)
- Ferrato Faast F2T/Faast F2B: Rs 89,999 (previously Rs 94,999)
- Ferrato Faast F2F: Rs 79,999 (previously Rs 93,999)
- Ferrato Classiq: Rs 59,999 (previously Rs 75,599)
- Ferrato Freedum LI: Rs 69,999 (previously Rs 75,899)
- Ferrato Freedum LA: Rs 49,999 (previously Rs 55,650)
- Ferrato Disruptor: Rs 1,59,99 (previously Rs 1,54,999)
- Ferrato Moto Faast: Rs 1,38,999 (previously Rs 1,33,999)
- Ferrato Faast F3: Rs 1,08,999 (previously Rs 1,04,999)
OPG Mobility operates through multiple sub-brands
-Ferrato: Electric two-wheelers
-OTTOOPG: Electric three-wheelers for passenger and cargo transport
-MTEKPOWER: Battery and energy storage solutions, including lithium and lead-acid batteries
Anshul Gupta, Managing Director of OPG Mobility, commented on this development, “As we embark on the second phase of our rebranding, OPG Mobility reaffirms its core belief: sustainable mobility solutions should be both affordable and accessible, without compromising innovation or quality. With the strategic inclusion of MTEKPOWER as a sub-brand, we are strengthening our position as a leader in battery technology and energy solutions. By strategically streamlining our supply chain and leveraging improved vendor rates, we're pleased to directly pass these cost savings on to our valued customers."
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