Recently, the Fame-II (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) subsidy for electric two-wheelers was significantly lowered from 40 per cent to 15 per cent, leading to a substantial increase in their prices. And owing to revised Fame-II subsidies, Matter has joined the bandwagon and upped the prices of the Aera, its first electric-geared motorcycle in India, by Rs 30,000. While the new amendment will come into effect from June 1 this year, a Gujarat-based EV start-up has announced a limited-time offer on its electric motorcycle. With the offer, the Aera bike carries a price of Rs 1.44 lakh, only if the bike is pre-booked before June 6. Otherwise, the electric vehicle is available at a starting price of Rs 1.74 lakh (Aera 5000 variant) and goes up to Rs 1.84 lakh for the 5000+ unit. All prices are ex-showroom.
Under the Fame-II subsidy scheme, the Ministry of Heavy Industries capped the electric two-wheeler subsidies at Rs 10,000 per kWh of battery capacity. That is why, the maximum incentive available for the Aera electric is Rs 22,500. Earlier, the bike qualified for a maximum subsidy of Rs 60,000, all credit goes to its large IP67-rated 5kWh battery pack. In addition, the company has announced a delay in the deliveries of the Aera motorcycle. Now, the Aera will arrive in September 2023.
Matter Aera Electric: Battery, Range
The Matter Aera comes equipped with a 5kWh battery pack and a 10kW electric motor that is rated at 13bhp and 520Nm, and it is the first-ever electric motorcycle in the country that comes paired with a 4-speed manual transmission.
The battery of the bike is claimed to be charged in 5 hours using a standard charger and in 2 hours with a fast charger. A sprint from 0 to 60km/h is possible in under 6 seconds. In terms of mileage, the bike returns a claimed range of 125 kilometre on a full charge.
Matter Aera Electric: Design, Features
Design-wise, the Aera gets a muscular fuel tank with shrouds, a belly pan, a projector headlamp with LEDs, LED indicators, a split-seat setup, higher clip-on handlebars, and a split grab rail for the pillion passenger. In terms of features, it has a 7.0-inch LCD with a capacitive touchscreen - offering riding modes, navigation, and media controls, remote lock/unlock, a proximity-based key fob, park assist, OTA updates, progressive blinkers, welcome lights, and Bluetooth connectivity.
The Matter Aera will come in 4 variants - the Aera 5000, the Aera 5000+, the Aera 4000, and the Aera 6000+ - the first two of which have already been launched in India in March 2023. However, there are no official details with respect to the last two variants.