Ather Energy to hike prices of its scooter up to Rs 3,000

Electric two-wheeler maker Ather Energy on Monday said it will hike prices of its scooter lineup up to Rs 3,000 across models from January 1 citing rise in input costs and adverse forex impact.

The increase comes as raw material, forex and key electronics components prices rise globally, Ather Energy said in a



statement.

The company’s current product portfolio consists of the 450 series of performance scooters and family scooter Rizta with starting prices ranging from Rs 1,14,546 to Rs 1,82,946 (ex-New Delhi).

Ather said it is currently offering its ‘Electric December’ scheme with benefits of up to Rs 20,000 across select cities.