Ather 450 electric scooter now available on

rent

A Bangalore based electric vehicle start-up, Ather Energy has recently partnered with Bounce for a scooter sharing program.

To help the COVID-19 frontline warriors such as healthcare workers and delivery partners, Bounce had introduced ‘ScooterHero’, a P2P initiative under which people are able to rent their vehicles during the ongoing lockdown.

 Ather 450 electric scooter

With this partnership, the Ather 450 electric scooters will be available for rent and the owner of the vehicles can monetize the idle time of their vehicle while it is parked during the lockdown.

The customers can buy an Ather 450 on Bounce website and rent or lease it out on the same platform. The electric scooter purchased and rented out on Bounce will bear commercial registration.

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“In order to list your Ather 450 for rent through Bounce, you are required under the Motor Vehicles Act to obtain a commercial permit,” Bounce said on its website.

Ather Energy confirmed that this tie-up with Bounce under its peer-to-peer or P2P program, the cost of purchasing Ather 450 with commercial registration is about Rs 1.15 lakh on-road as against Rs 1.13 lakh for private usage.

As per Bounce, the on-road price of Ather 450 under this scheme includes the cost of the vehicle, registration, insurance, tax and the benefits under the Fame subsidy and the portable charger and 5-year comprehensive insurance.

Buyers of Ather 450 get a benefit of ₹26,732 as subsidy under the government’s Faster Adoption and Manufacturing of Hybrid and Electric Vehicles or Fame 2 scheme.

According to Bounce, if Ather 450 owner rents out his electric scooter on Bounce for 4 weekends or 8 days, he/she can earn up to ₹2,500 per month. The said program has been launched in Bengaluru as of now starting this month. Booking for an Ather 450 can be done using a Bounce website for Rs 499.

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