Ather Energy’s Rizta: The electric two-wheeler market has completely opened up in India. Many companies are gaining a competitive edge over traditional ICE companies. Ola Electric’s e-scooter has the highest demand. By the way, there is also a model on the market that is as beautiful to look at as it is amazing in terms of features and range.
We are talking about Ather Energy’s new Rizta electric scooter. The starting ex-showroom price for this electric scooter is Rs 109,999. However, you can also buy it on simple EMI. Let us explain the EMI calculation in detail.
The company’s official website lists many simple ways to purchase this e-scooter. This also includes the option of a zero-down payment. That is, you can buy this scooter on monthly EMI without paying any amount. The special thing is that an auto loan is available on it at the cheapest interest rate of 5%. You can extend this loan for a period of 5 years. If you drive it for 50 km daily, you will save Rs 2768 compared to petrol, as its monthly charging cost is Rs 357, while petrol costs Rs 3125.
Calculation of EMI of Rizta
Suppose you want to buy Rizta’s base variant. It has an ex-showroom price of Rs 109,999. At this price, the company gives you a loan for 5 years with an interest rate of 5.5% without any down payment; then the monthly EMI of this scooter will be around Rs 2,199. Remember, this loan does not cover insurance, RTO, or any other expenses. You will have to pay the cost out of your pocket. If you also take out a loan for this, your EMI will increase.
The 20% down payment for the scooter, priced at Rs 109,999, amounts to Rs 21,999. At the same time, the 80% loan amounts to Rs 87,999. If you take this loan for five years with an interest rate of 5.5%, your monthly EMI will be around Rs 1,681. It’s important to note that this payment does not cover insurance, RTO, or other expenses.
Features and Specifications of Ather Rezta
This scooter features a reverse mode that facilitates easy reversing. The design of the scooter’s tires prioritizes skid control. With the scooter, you can also share your live location on another smartphone. It also has an anti-theft feature. With the help of a phone, you will be able to find the scooter in the parking area.
It also has a fall safety feature. If the scooter falls while riding, its motor will automatically turn off. The special thing is that Google Maps is included. It also has features like call and music control, push navigation, and auto-reply SMS.
Regarding the range, there are options for a 2.9 kWh battery and a 3.7 kWh battery pack. The smaller battery pack has a range of 123 km, and the larger battery pack has a range of 160 km. The top speed of all variants is 80 km/h. The 2.9 kWh battery pack takes 6.40 hours to charge. The 3.7 kWh battery pack charges in just 4.30 hours.
The ex-showroom price of all three variants is Rs 109,999, Rs 124,999, and Rs 144,999. Seven color options are available for the Rizta launch. It has 4 dual-tone colors and 3 single-tone colors. The company is also offering a 3-year or 30,000 km warranty on the battery and scooter.