India’s first electric motorcycle maker, Tork Motors has announced a marginal price hike of its revolutionary electric motorcycle KRATOS® and KRATOS®-R. The effective cost from 1st January, 2023 will be INR 1,32,499 [ex-showroom after subsidy in Maharashtra] and 1,47,499 [ex-showroom after subsidy in Maharashtra], respectively. The company will also offer price protection to all the bikes that are being rolled out for deliveries on or before 31st December 2022. The company has been absorbing a significant portion of the increased costs but the steep rise in overall input costs has compelled this minimal price hike.
This is the first price hike on the e-motorcycles, post its launch of the promotional price in January, this year. The company recently launched its first-ever experience centre in Pune for unmatched sales and after-sales experience and will be opening touchpoints, in seven cities, by the end of this financial year. Currently, the KRATOS® is priced at INR 1,22,499 [ex-showroom after subsidy in Maharashtra] and is available in white colour only and the KRATOS®-R is priced at INR 1,37,499 [ex-showroom after subsidy in Maharashtra]; and comes in four colour options white, blue, red and black. At present, Tork Motors is delivering the e-motorcycles in Pune, Mumbai and Hyderabad and will soon start deliveries in other markets.
About Tork Motors Pvt. Ltd.
Tork Motors is India’s first electric motorcycle manufacturer, registered in the year 2006. The brand has a rich and glorious legacy of racing at the ‘Isle of Man and is backed by the Bharat Forge group. Kapil Shelke, the founder of Tork Motors has leveraged his racing experience in making the brand India’s top electric vehicle manufacturer. Tork Motors has filed more than 50 patents and designs under IPR (Intellectual Property Rights bolstering its R&D and cutting-edge technology since its inception. To know more about the company, visit: www.torkmotors.com
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