OPG Mobility cuts prices on Ferrato scooters across India, excluding MotoFaast & Faast F3, to make EVs more affordable. Part of its rebranding & growth strategy
OPG Mobility, formerly known as Okaya EV, has announced a price reduction on its Ferrato range of electric scooters. The price cut excludes the MotoFaast and Faast F3 models but applies to the rest of the Ferrato lineup. This move is part of the company’s second-phase rebranding strategy and aims to make its electric scooters more affordable.
OPG Mobility Enhances Production Capacity and Touch-points
The company attributes this price revision to cost benefits received from suppliers, which it has chosen to pass on to customers. Moreover, OPG Mobility has expanded its production capacity. Also, the company continues to expand its dealer and service network, thereby improving the reach and accessibility for its customers.
| S.No | Model | Old Price (Ex-showroom) | New Price (Ex-showroom) | |
| 1 | Ferrato FAAST F4 | 1,18,999 | 1,09,999 | |
| 2 | Ferrato FAAST F2T/ FAAST F2B | 94,999 | 89,999 | |
| 3 | Ferrato FAAST F2F | 93,999 | 79,999 | |
| 4 | Ferrato CLASSIQ | 75,599 | 59,999 | |
| 5 | Ferrato FREEDUM LI | 75,899 | 69,999 | |
| 6 | Ferrato FREEDUM LA | 55,650 | 49,999 |
Mr. Anil Gupta, Chairman, OPG Mobility, commenting on this development, “OPG Mobility is not just committed to ‘Make in India,’ but to ‘Make in India for the World.’ Our strategic price revisions and the MTEKPOWER integration are powerful demonstrations of our dedication to domestic manufacturing and new-age innovation. By directly delivering cost benefits to our customers and providing comprehensive EV solutions, we are taking a step to propel India’s economic growth and lead the global transition to a sustainable future.”
Mr. Anshul Gupta, Managing Director of OPG Mobility, commented on this development, “As we embark on the second phase of our rebranding, OPG Mobility reaffirms its core belief: sustainable mobility solutions should be both affordable and accessible, without compromising innovation or quality. With the strategic inclusion of MTEKPOWER as a sub-brand, we are strengthening our position as a leader in battery technology and energy solutions. By strategically streamlining our supply chain and leveraging improved vendor rates, we’re pleased to directly pass these cost savings on to our valued customers. This initiative not only enhances affordability but also serves as a key driver of India’s ‘Make in India’ vision, boosting local manufacturing and contributing to national economic growth. We understand that our customers are at the heart of our success, and these price adjustments are a direct reflection of our commitment to delivering tangible end benefits.”
Also Read: New Euler T1250 Checked Inside Out! – First Impressions
