AERA Ex-Showroom Price

The Matter AERA is priced from Rs 1,83,308 for the AERA 5000 to Rs 1,93,826 for the top-spec AERA 5000+ (both ex-showroom, Ahmedabad). For an electric motorcycle with a 4-speed gearbox, a 7-inch touchscreen, 4G connectivity, and a 5 kWh battery, that pricing sits well below what comparable ICE motorcycles with even half the feature list would cost.

Ex-showroom prices:

• AERA 5000: Rs 1,83,308
• AERA 5000+: Rs 1,93,826

City-wise ex-showroom (AERA 5000):

• Ahmedabad: Rs 1,83,308
• Bangalore: Rs 1,83,308
• Chennai: Rs 1,83,000
• Mumbai: Rs 1,82,591
• Pune: Rs 1,83,308
• Delhi: Rs 1,93,826

On-road price breakdown (approximate, Bangalore example):

• Ex-showroom: Rs 1,83,308
• Road tax: Rs 0 (Karnataka: 0% for electric two-wheelers)
• Registration: Rs 500
• Third-party insurance (mandatory): ~Rs 3,500
• Own-damage insurance (recommended): ~Rs 7,500
• Dealer/handling charges: ~Rs 3,500
• Total on-road (approx): Rs 1,98,308

On-road totals vary significantly by state. Delhi charges higher ex-showroom due to local levies but also offers subsidies. States with zero or reduced road tax on EVs include Karnataka, Maharashtra, Rajasthan, Uttar Pradesh, and Gujarat - significantly lowering the on-road premium versus petrol bikes.

State subsidies: Several state-level EV incentive programmes remain active in 2026. Gujarat's EV policy, Delhi's EV scheme, and Maharashtra's subsidy structure can provide Rs 5,000-25,000 in direct purchase benefits depending on the state and current policy status. Always ask your Matter dealer to calculate the post-subsidy on-road price before signing.

EV running cost advantage: Charging the 5 kWh battery fully at home costs approximately Rs 40-50 (at Rs 8-10/unit). That gives roughly 125 km of range, or about Rs 0.32-0.40/km in energy cost. A comparable petrol commuter running at 45 kmpl with petrol at Rs 105/litre costs roughly Rs 2.33/km - nearly six times more per kilometre.