Electric vehicle prices set to rise from the New Year!

Market analysts say that prices of various cars and electric two-wheelers are likely to rise from next year, with several manufacturers already announcing price hikes. More automobile and EV companies are expected to follow suit in the coming months.

In this context, leading electric two-wheeler manufacturer Ather Energy has announced an increase in the prices of its electric scooters. The revised prices will come into effect from January 1, 2026. The company stated that prices across models will increase by up to ₹3,000. Ather cited rising raw material costs, higher prices of key electronic components globally, and the impact of foreign exchange fluctuations as the reasons behind the decision. The price hike will vary depending on the model.

At the same time, Ather Energy has announced benefits of up to ₹20,000 on scooter purchases in select towns and cities under its December scheme. Currently, the company offers performance scooters under the 450 series and family scooters under the Rizta brand. Prices of these models start at ₹1,14,546 and go up to ₹1,82,946.