49
/ 4
Min Read
Electric mobility company OPG Mobility (formerly known as Okaya EV) has announced a nationwide price reduction for all electric scooters under its Ferrato brand, except for MotoFaast and Faast F3. This decision is part of the second phase of the company’s rebranding strategy, aimed at directly passing cost benefits to customers.
The company states that this price adjustment is a strategic effort to make electric vehicles more affordable and accessible. By strengthening its manufacturing capabilities, OPG Mobility is not only supporting the 'Make in India' initiative but also expanding its range of electric mobility solutions, including advanced battery technology.
Anil Gupta, Chairman of OPG Mobility, stated:"We are not just committed to 'Make in India' but also to 'Make in India for the World.' Our pricing strategy and the integration of MTEKPOWER demonstrate our dedication to domestic manufacturing and innovation."
Anshul Gupta, Managing Director of OPG Mobility, added: "Our priority is to make sustainable and advanced electric mobility solutions more affordable. By optimizing our supply chain and securing better vendor rates, we are directly passing these savings to our customers."
The company has reduced the prices of several models by ₹10,000 to ₹15,000, making them more budget-friendly:
| Model | Old Price (₹) | New Price (₹) |
|---|---|---|
| Ferrato FAAST F4 | 1,18,999 | 1,09,999 |
| Ferrato FAAST F2T/ FAAST F2B | 94,999 | 89,999 |
| Ferrato FAAST F2F | 93,999 | 79,999 |
| Ferrato CLASSIQ | 75,599 | 59,999 |
| Ferrato FREEDUM LI | 75,899 | 69,999 |
| Ferrato FREEDUM LA | 55,650 | 49,999 |
Additionally, discounts have been applied to the Ferrato Disruptor, Moto FAAST, and FAAST F3 models. To provide a comprehensive range of electric mobility solutions, OPG Mobility will operate under three key sub-brands:
- Ferrato (for two-wheelers)
- OTTOOPG (for three-wheelers)
- MTEKPOWER (for battery and energy storage solutions)
With a 40-year legacy, MTEKPOWER will supply energy solutions, including lithium and lead-acid batteries, inverters, UPS, chargers, and auto components. As a sub-brand of OPG Mobility, it will strengthen the company’s position as a top-tier battery manufacturer and contribute to India’s transition to sustainable energy.
By focusing on domestic production, OPG Mobility aims to position India as a global hub for electric vehicle manufacturing and innovation.
