Overview

• Bookings for the Aera 5000+ are now open at Rs 1,93,826 ex-showroom Delhi through Matter’s website
• Matter aims to sell 10,000 units of its geared electric motorcycle this year
• The company plans to establish 30 dealerships by August and expand to 60 outlets by the end of the fiscal year
• Having raised $80 million so far, Matter is seeking an additional $200 million to support production scale-up and future models
• Matter intends to launch one new electric motorcycle model each year over the next three years