In a bold step towards transforming electric vehicle ownership, MATTER, India’s electric mobility pioneer, has launched the “22nd Century Smart Ownership Plans” this Diwali. The initiative redefines how riders own and experience EVs by introducing Product-as-a-Service (P-a-a-S) and Buy Now, Pay Flexi Later (BNPL) options for the AERA 5000+, India’s first geared electric motorbike with a lifetime battery warranty.
With this launch, MATTER aims to make electric mobility smarter, simpler, and more affordable, offering riders the flexibility to separate vehicle acquisition costs from battery usage costs—a move that’s set to reshape how India views EV ownership.
Making Electric Motorbikes Affordable and Smart
Under the AERA P-a-a-S plan, customers can own the AERA 5000+ at an introductory price of ₹1.29 lakh (vehicle cost) and pay ₹1.16 per km for battery usage. This pay-as-you-go model significantly reduces upfront investment while ensuring lower running costs compared to petrol-powered bikes.
Alternatively, the AERA BNPL (Buy Now, Pay Flexi Later) plan allows riders to buy the AERA instantly using UPI, debit/credit cards, or no-cost EMI options, with flexible payment schedules and attractive cashbacks. This ensures that electric mobility remains light on the pocket while providing cutting-edge performance and features.
Key Benefits of MATTER’s 22nd Century Smart Ownership Plans
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Product-as-a-Service with Lifetime Battery Warranty: Riders pay only for what they use, enjoying worry-free ownership backed by India’s first lifetime battery warranty.
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Future-Proof Upgrade Assistance: Exchange options to seamlessly upgrade to newer AERA models.
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MATTER Charge Hub Access: Convenient charging across MATTER’s expanding infrastructure network.
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Flexible Payment Options: A wide range of digital payment and financing solutions for easy EV adoption.
Revolutionizing the EV Ownership Experience
Speaking on the launch, Mohal Lalbhai, Founder & CEO of MATTER Group, said:
“With the AERA 5000+ and our 22nd Century Ownership Plans, electric mobility is no longer just environmentally smart — it’s financially smart too. By decoupling the vehicle cost from the battery usage cost, we’re making EVs more accessible, affordable, and future-ready. At MATTER, we are redefining how people own technology — not just innovating in performance, but also in ownership flexibility.”
AERA 5000+: High Performance Meets Smart Innovation
The AERA 5000+, already a standout in India’s EV market, continues to impress with its power-packed engineering and smart features designed for Indian riders:
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4-speed HyperShift gearbox with 3 ride modes offering 12 dynamic combinations.
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Liquid-cooled powertrain optimised for India’s climate and traffic.
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Smart 7” Touchscreen Dashboard featuring navigation, calls, music, ride analytics, and OTA updates.
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5 kWh battery pack delivering 172 km IDC-certified range with IP67 protection.
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Performance: Accelerates from 0 to 40 km/h in just 2.8 seconds.
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Safety & Comfort: Dual disc brakes with ABS, telescopic forks, dual suspension, and park assist.
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Lifetime Battery Warranty—an industry-first feature ensuring long-term reliability.
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