MATTER, India’s electric mobility pioneer, has announced the nationwide launch of its 22nd Century Smart Ownership Plans this Diwali, reshaping how Indians own and experience electric two-wheelers. After setting a new benchmark with the country’s first motorcycle to offer a lifetime battery warranty — the AERA 5000+ — MATTER is now redefining ownership economics by separating the vehicle acquisition cost from the battery usage cost.
The innovative model allows riders to choose flexible payment options through multiple financial instruments, making EVs more accessible and cost-effective than petrol bikes. MATTER calls it “smart ownership for the 22nd century” — designed to be simple, sustainable, and financially intelligent.
Under the new plan, customers can opt for two distinct schemes:
• AERA P-a-a-S (Product-as-a-Service): Own the AERA 5000+ at an introductory price of ₹1.29 lakh* (vehicle only) and pay just ₹1.16 per kilometre for battery usage. This drastically reduces upfront investment and brings down monthly running costs below those of petrol motorcycles.
• AERA BNPL (Buy Now, Pay Flexi Later): Purchase the AERA using UPI, debit, or credit cards, enjoy cashbacks and no-cost EMIs, and spread remaining payments into flexible instalments through finance partners.
The 22nd Century Smart Ownership Plan also includes lifetime battery warranty, future upgrade assistance, access to MATTER Charge Hubs, and flexible digital payment options — offering complete peace of mind and long-term value.
Mr. Mohal Lalbhai, Founder & CEO of MATTER Group, said, “With the AERA 5000+ and our 22nd Century Ownership Plans, electric mobility is not just environmentally smart but financially smart too. Riders can now separate what they pay for the vehicle from what they pay for battery usage, making EVs an affordable, future-ready choice. At MATTER, we’re redefining the present and reimagining the future — not just through innovation, but in how people own technology.”
The AERA 5000+ continues to impress with its HyperShift 4-speed gearbox, 5 kWh liquid-cooled battery offering a 172 km IDC range, 7-inch touchscreen dashboard, dual disc brakes with ABS, and lifetime battery warranty — delivering both high performance and low running cost.
