Ampere Vehicle Ties Up With Autovert Technologies To Launch Battery Subscription Plan

Ampere Vehicles has partnered with Autovert Technologies, a Fintech that specializes in EV subscription products, to a launch a Battery subscription plan through an IOT backed platform, that will make electric scooters even more affordable. Starting with a few select dealers in Bangalore, the approach will be replicated nationwide, the company said.

The battery subscription plan substantially reduces the cost of vehicle acquisition & provides an alternative choice to the buyers who get more than usual financing options, it added.

With the partnership, the company only aiming to reduce customer’s anxiety about the lifecycle management of the battery, but also providing a whole lot of vehicle benefits- which includes an extended warranty of 5 years along with full vehicle insurance, full vehicle service & maintenance for 24 months, attractive upgrade options, discounts on replacement battery and much more.

Commenting on the partnership, P Sanjeev, COO, Ampere Vehicles said, “We are happy to partner with Autovert Technologies to introduce this unique battery subscription plan. With this association clubbed with special Ampere freedom offers, we are aiming to make Ampere Vehicles more affordable and accessible for the consumer.”

Speaking on this announcement, Vinay Sharma, Co-founder and CTO of Autovert said. “The Battery subscription is possible, given the modular nature of the EV, which lends itself to decoupling the battery from the vehicle and specific services offered around its lifecycle. The EV ecosystem demands an alternative ownership model in order to drive faster adoption amongst an emerging customer base and we are happy to be in the forefront of this with our products and partners like Ampere to take it market.”