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5d ago

Ather Energy Launches Battery-as-a-Service With Buyback Guarantee, Extended Warranty

Usage-based battery subscriptions with minimum-mileage plans; residual-value guarantees through an expanded buyback; five-year coverage of critical components form a new ownership model to reduce upfront costs for EV scooter buyers.

Ather Rizta
Ather Rizta BaaS Pricing and Details
Ather 450 BaaS Pricing and Details

Overview

  • Battery as a Service offers usage-based plans at Rs 1 per km for 48 months with a 1,000 km monthly minimum, cutting ex-showroom prices to Rs 75,999 for the Rizta and Rs 84,341 for the 450 Series in Lucknow.
  • The expanded Assured Buyback programme guarantees customers 60 percent of a scooter’s value after three years and 50 percent after four years, subject to kilometres traveled.
  • Extended Comprehensive Warranty covers the battery and 11 critical components for up to five years or 60,000 km for AtherStack Pro subscribers to mitigate maintenance risks.
  • Customers enrolling in BaaS receive one year of free fast charging at Ather’s network of over 3,300 fast chargers nationwide.
  • Partnerships with banks and NBFCs enable financing for the new ownership schemes as Ather seeks to accelerate two-wheeler EV adoption by lowering financial barriers.