Ather Rizta and 450 Series Gets BaaS: Electric Scooters Now Starts from Rs 75,999

Ather Energy has launched three initiatives to support electric vehicle (EV) buyers in India: Battery as a Service (BaaS), an extended Assured Buyback program, and an Extended Comprehensive Warranty. BaaS allows customers to purchase scooters without batteries, paying for battery usage through monthly plans.

Ather Energy Introduces Battery as a Service and Expands Buyback and Warranty Programmes Across Lineup in India

Ather Energy has introduced three new measures for its customers in India: Battery as a Service (BaaS), an extended Assured Buyback programme and an Extended Comprehensive Warranty. According to the company, the steps are designed to address the key issues faced by electric vehicle (EV) buyers: high initial prices, resale value uncertainty and long-term component coverage.

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How does Ather's Battery-as-a-Service (BaaS) compare to similar offerings from other manufacturers like Honda and Hero MotoCorp?

Ather's BaaS allows customers to pay for battery usage based on kilometers traveled, charging Rs 1 per kilometer, which is quite different from Honda's subscription plans that start at Rs 678 for lower energy usage. Hero MotoCorp is also introducing a BaaS model for their Vida VX2, allowing flexible subscription plans that cater to varying budgets and usage, but specifics on pricing and structure are still emerging. This indicates a trend towards flexible payment models in the EV sector.

What are the key differences between Ather's Extended Comprehensive Warranty and the Eight70 Warranty?

Ather's Extended Comprehensive Warranty covers the battery and 11 other key components for up to five years or 60,000 kilometers, providing peace of mind for major repairs. In contrast, the Eight70 Warranty specifically focuses on battery health, offering coverage for eight years or 80,000 kilometers with a guaranteed 70% battery health. This makes the Eight70 Warranty particularly valuable for long-term battery performance assurance.

What are the benefits of Ather's Care service plans compared to other maintenance plans in the market?

Ather's Care service plans provide a structured approach to maintenance with three tiers: Care, Care Plus, and Care Max, offering various levels of service including free periodic maintenance, discounts on parts and labor, and additional benefits like polishing and washing. This contrasts with many other brands, which may not offer such tiered options or comprehensive coverage for maintenance, emphasizing Ather's commitment to customer service in the EV market.

How does the Ather Rizta's specifications compare to the newly launched 450S variant?

The Ather Rizta offers two variants, S and Z, with battery capacities of 2.9 kWh and 3.7 kWh respectively, providing ranges of 123 km and 160 km. In comparison, the newly launched Ather 450S with a 3.7 kWh battery offers an IDC range of 161 km, showing that both models cater to similar user needs but with slight variations in performance and range, targeting different customer preferences.

What are the recent milestones Ather Energy has achieved with the Rizta scooter, and how does it reflect on their market strategy?

Ather Energy recently celebrated delivering 1,000 units of the Rizta scooter in a single day, with Pune leading in sales. This achievement reflects Ather's effective market strategy and growing demand for their electric scooters, indicating strong acceptance in various regions. The company is also expanding production to meet this demand, showcasing their commitment to scaling operations in a rapidly growing EV market.

Ather's Battery as a Service

Under the new BaaS option, customers can purchase the Ather Rizta starting at Rs 75,999 and the Ather 450 Series starting at Rs 84,341 (both ex-showroom). Instead of paying for the scooter and battery together, customers buy the scooter without the battery and pay for battery usage through monthly plans offered by partner banks and finance companies.
The cost of the battery will be recovered over three to four years depending on usage, with pricing set at Rs 1 per kilometre on a 48-month package with a minimum 1,000 kilometres of monthly use. Customers opting for BaaS will also have access to one year of free fast charging at Ather’s charging network across India.

Assured Buyback Programme

The Assured Buyback initiative, first introduced in February on a limited scale, is now being extended to a wider customer base. It guarantees up to 60% of the scooter’s value after three years and up to 50% after four years, depending on the distance travelled. The programme is meant to provide buyers with clarity on future resale value.
Ravneet S Phokela, Chief Business Officer, Ather Energy Ltd, said "As the EV segment continues to grow in the country, we see customers with different needs and challenges entering the segment. To unlock the segment’s true potential and accelerate growth, we've rolled out a slew of initiatives to cater to the different needs of our potential customers. With BaaS, ECW and Assured Buyback, we aim to address major barriers that exist for customers when purchasing a new EV scooter. As one of the leading players, we stay committed to making it easier for families to experience the benefits of EVs."

Extended Comprehensive Warranty

The Extended Comprehensive Warranty will cover the battery and 11 other key components, including the motor, motor controller, dashboard and charger. The warranty will be valid for up to five years or 60,000 kilometres, whichever comes first. It is available to AtherStack Pro customers and is intended to reduce financial risk from major component replacements.
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