*MATTER unveils “The 22nd Century Smart Ownership Plans” this Diwali
India’s First Geared Electric Motorbike – MATTER AERA now with P-a-a-S & BNPL*
– The Smart Choice for EV Gearheads
“This Diwali, Own the Ride, Pay as You Go – AERA 5000+ Makes Electric Mobility Smarter, Cleaner, and Affordable”
Staff Reporter : Kolkata, 10th October 2025: MATTER, India’s electric mobility pioneer, today announced the nationwide launch of its 22nd Century Smart Ownership Plans this Diwali, making ownership smarter, simpler, and more affordable than ever. With India’s first two-wheeler with a Lifetime Battery Warranty AERA is already setting a benchmark, MATTER now revolutionizes EV ownership by introducing a clear separation of vehicle acquisition cost and battery usage cost, along with flexible payment options through multiple financial instruments.
This ensures that EVs are not just the future of mobility, but also the smarter and more cost-effective choice over petrol motorbikes — good for the planet, and even better for your pocket.
A Great Motorbike now with 2 Great Ownership Plans
Effective Cost of Riding: Buy at ₹1.29* lakh + Ride at only ₹1.16* /km OR configure your own smart plan without downpayment.
• AERA P-a-a-S (Product-as-a-Service)
Own the AERA 5000+ at an introductory price of ₹1,29,000* (Vehicle Cost) and pay just ₹1.16* per km for battery usage. This segregation reduces upfront investment while lowering monthly running costs below that of petrol street bikes.
• AERA BNPL (Buy Now, Pay Flexi Later)
Buy the AERA with a swipe. Pay part of the vehicle cost upfront via UPI, debit/credit cards, get attractive cashbacks or enjoy No Cost EMIs. Spread the balance into small, flexible monthly instalments through finance, making ownership lighter on the pocket than the petrol alternatives.
The 22nd Century Smart Ownership Plan – Benefits:
Product-as-a-Service with Lifetime Battery Warranty – Worry-free performance, pay as you use.
Future-Proof Upgrade Assistance – Exchange programs to step into the latest AERA models in future.
Charging Access – MATTER Charge Hubs access.
Flexible Payment Options – UPI, cards, and vehicle finance make EV adoption simple and stress-free.
Mohal Lalbhai, Founder & CEO, 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. Riders can now separate what they pay for the vehicle from what they pay for battery usage, making EVs an affordable, future-ready choice. Quite simply, EVs are always smarter and more cost-effective than petrol bikes. At MATTER, we are redefining the present and reimagining the future — not just in tech innovation, but also in the way you can own the technology.”
This Diwali, light up your ride with MATTER AERA – Redefining the Present, Reimagining the Future.
MATTER AERA 5000+ – Goes like a Rocket, Easy on the Pocket.
HyperShift Gearbox – 4-speed manual + 3 ride modes = 12 dynamic combinations.
Liquid-Cooled Powertrain – Engineered for India’s climate & traffic.
Smart 7” Touchscreen Dashboard – Navigation, calls, music, ride stats, OTA updates.
5kWh Battery Pack – IDC-certified 172 km range, IP67 protection.
Performance – 0–40 km/h in just 2.8 seconds.
Safety & Comfort – Dual disc brakes with ABS, telescopic forks, dual suspension, park assist.
Lifetime Battery Warranty – A first in the segment.
Bookings & Availability
AERA 5000+ – P-a-a-S Price: ₹1,29,000* (Vehicle only, India) + ₹1.16*/km for battery usage.
Bookings & Experience: Available now on www.matter.in. Test rides and ownership plan exploration at MATTER Experience Hubs.
About MATTER Founded in 2019 in Ahmedabad, MATTER Motor Works is redefining mobility with its “Innovate in India” vision. With 375+ patent filings, 82 granted patents, and 600+ innovators, MATTER leads in powertrain, liquid cooling, gearbox tech, battery management, charging infrastructure, EV cyber security, and connected mobility. Its flagship AERA has earned accolades including EV Bike of the Year 2025 (ACKO Drive) & Editors’ Choice Electric Motorcycle of the Year (Top Gear India).
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