Industry first battery subscription plan has been launched by Ampere electric scooter in India
Only recently, Hero Electric announced its association with Autovert in introducing subscription plans. Now, Ampere Electric Launches announces a battery subscription plan at a starting price of Rs 1,990 in partnership with Autovert Technologies.
The collab brings forth a battery subscription plan through an IOT backed platform. The plan makes electric scooters even more affordable. In its starting phase, the plan is being introduced with select dealers in Bangalore, and will be available in other cities in the next phase of expansion.
A battery subscription plan on offer reduces cost of vehicle acquisition along with being an alternative choice to buyers to getting more from a financing option. Customers can choose the Magnus Pro e-scooter by paying as less as Rs. 49,990 on road when selecting a monthly battery subscription of Rs. 1,990. For those who do not want to opt for the subscription plan, will have to ex-showroom price Rs. 73,990.
The plan helps address lifecycle management of the battery along with benefits including extended warranty of 5 years, full vehicle insurance, full vehicle service and maintenance for 24 months, attractive upgrade options, discounts on replacement battery, and more.
Full vehicle subscription plans are available for the Magnus Pro and Zeal models, starting at Rs. 2,777 per month. With now and diverse subscription finance plans, Ampere electric scooter purchase process is designed to be accessible to interested buyers. The ease of ownership facilitates upgrading to another Ampere scooter once the fixed subscription tenure ends.
The rough guideline is to see 30 percent of automotive sales being catered to by e-mobility by 2030. To achieve the goal, the need isn’t just to introduce updated EVs but to ensure accessible financing that nurtures faster EV adoption in the country. Ampere electric scooters are being retailed from 220 authorized showrooms in India. with a value proposition of 90 percent savings as compared to conventional scooters. The auto manufacturer says each Ampere electric scooter sold, is equivalent to planting 12 trees.
While purchase of mass market two-wheelers isn’t as dependent on financing as big ticket purchases, the introduction of easy EMI offers, and subscription plans, helps ease the financial burden to a large degree. Easy upgrade options makes such purchases akin to consumer durable gadget purchases.
P Sanjeev, COO, Ampere Vehicles said, “We are happy to partner with Autovert Technologies to introduce this unique battery subscription plan. With this association clubbed with special Ampere freedom offers, we are aiming to make Ampere Vehicles more affordable and accessible for the consumer.”
Speaking on this announcement, Vinay Sharma, Co-founder and CTO of Autovert said. “The Battery subscription is possible, given the modular nature of the EV, which lends itself to decoupling the battery from the vehicle and specific services offered around its lifecycle. The EV ecosystem demands an alternative ownership model in order to drive faster adoption amongst an emerging customer base and we are happy to be in the forefront of this with our products and partners like Ampere to take it market.”