OPG Mobility, formerly known as Okaya EV, has announced a strategic price reduction for its Ferrato scooter lineup, marking a significant move in the second phase of its rebranding. This decision reflects the company’s ongoing commitment to making electric vehicles (EVs) more affordable and accessible to the Indian market. The price cuts span across various models, excluding the MotoFaast and Faast F3, under the Ferrato category.
The price adjustments are part of OPG’s broader initiative to pass on the benefits of cost reductions from suppliers directly to customers. By offering these revised prices, OPG aims to enhance its competitiveness in the rapidly growing electric mobility sector. The company also reaffirmed its commitment to the ‘Make in India’ initiative, highlighting the importance of domestic production in promoting sustainable transportation solutions.
Anil Gupta, Chairman of OPG Mobility, emphasized that this move aligns with the company’s broader vision of becoming a key player in both the domestic and global EV markets. He also underscored the company’s focus on innovation and quality, ensuring that affordability does not come at the expense of performance, safety, or build quality.
In addition to price cuts, OPG Mobility is ramping up its local manufacturing capabilities. The company is keen on positioning India as a hub for EV innovation and manufacturing, contributing to economic growth and self-reliance. This initiative is further strengthened by the acquisition of MTEKPOWER, which will help OPG provide comprehensive EV solutions across the nation.
The revised prices for various models like the Ferrato FAAST F4, FAAST F2T/F2B, and CLASSIQ now make electric mobility even more accessible to a wider audience. With these changes, OPG Mobility aims to strengthen its market presence, drive local manufacturing, and contribute to India’s goal of becoming a leader in green mobility.
