Matter Aera 5000+ Review: Is This India's Smartest Electric Motorcycle Yet?
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Business Standard
4 days ago
- Business Standard
EV startup Matter launches ₹1.93 lakh Aera 5000+ e-bike, eyes IPO
Electric vehicle startup Matter, which launched its Aera 5000+ electric motorcycle in Mumbai priced at ₹1.93 lakh, is positioning the product as a direct alternative to internal combustion engine (ICE) motorcycles in the 150–200cc segment. Backed by US-based venture firm Helena, Matter says its product is designed not to compete with electric vehicles (EVs) but with petrol bikes. Capital 2B, Japan Airlines & Translink Innovation Fund (Canada), SB Invest, and othe₹are investo₹in the startup. Matter aims to take on ICE rivals like the Yamaha R15 V4 (₹1.85 lakh), TVS Apache RTR 160 (₹1.18 lakh), Bajaj Pulsar NS200 (₹1.45 lakh), and KTM 200 Duke (₹2.06 lakh). The Ahmedabad-based startup was in pilot mode until June 2025 and is now expanding across Maharashtra, Gujarat, Karnataka, Tamil Nadu, Andhra Pradesh, and Kerala. It aims to scale up from seven dealerships currently to 150 dealerships by the end of 2026, with a sales target of 50,000 units next year. The company expects to break even in the next three to five yea₹with a monthly run rate of 20,000–25,000 units. The Aera 5000+ comes with a 5 kWh battery and a certified range of 172 km, along with a four-speed manual gearbox—which the company claims is a first for an electric motorcycle in India. The company recently closed a $35 million Series B round, bringing its total funding to $75 million. Matter's post-money valuation now stands at $230 million. It plans to raise an additional $125 million in multiple tranches over the next three to four years, as part of a broader $200 million fundraising plan. 'The funds will be used to expand production, deepen research and development, and scale distribution,' Lalbhai said. 'We are targeting a public listing in the next three to four yea₹once we hit our revenue and growth milestones.' Matter has filed over 350 patents, with core components like the battery pack, gearbox, and powertrain developed in-house. Although the current Aera model uses rare-earth magnets, the company is working with a US-based firm on non-rare-earth motor technologies to mitigate future supply risks. 'India's motorcycle market is largely untouched by electrification. As more consume₹get options like Aera, we believe adoption will accelerate much like it did in scooters,' Lalbhai added.
Time of India
4 days ago
- Time of India
Matter launches AERA 5000+ geared electric motorcycle in Mumbai
Electric mobility startup Matter has launched its AERA 5000+ in Mumbai. Following earlier rollouts in Delhi, Bengaluru, Ahmedabad, and Pune, the Mumbai launch is seen as a key step in the company's national expansion. Priced at ₹1,93,826 (ex-showroom Mumbai), the AERA 5000+ is now open for bookings via the company's website. The launch comes ahead of the upcoming festive season, including Ganesh Chaturthi and Diwali, a period typically associated with increased vehicle sales in urban India. The AERA 5000+ features MATTER's proprietary 4-speed manual gearbox, branded as HyperShift, designed specifically for electric motorcycles. 'Mumbai doesn't slow down. It's bold, quick-thinking, and always ahead. That's why this city is special to us,' said Mohal Lalbhai, Founder and CEO of MATTER. Features The AERA 5000+ comes with a range of features including a 5kWh battery pack with a certified range of up to 172 kilometres, a 7-inch touchscreen dashboard, dual disc brakes with ABS, and a smart key for keyless ignition. Notably, the model is backed by a lifetime battery warranty, a first in the Indian electric two-wheeler segment, according to the company. The electric motorcycle maker also announced the opening of a new experience centre in Mumbai, located at Saki Naka Junction in Andheri. The facility will offer test rides, product demonstrations, and customer engagement as part of the company's omnichannel approach to electric vehicle retail. The company claims to have filed over 350 patents, 75 of which have been granted, covering areas such as battery management, liquid cooling, and gearbox technology.
Hindustan Times
04-07-2025
- Hindustan Times
Matter Aera launched at ₹1.93 lakh in Delhi. Check the geared EV motorbike out
₹1.93 lakh in Delhi. Check the geared EV motorbike out data-item-target-url=/auto/electric-vehicles/ data-item-story-segment=Electric> The Matter Aera is a geared EV motorbike which gets three different riding modes. Check Offers Matter, an Indian electric mobility startup, has introduced its Aera electric motorcycle in Delhi, marking the regional launch of what the company claims is India's first geared electric two-wheeler. Priced at ₹ 1,93,826 (ex-showroom), the Aera is now available for booking via the company's official website. This launch comes at a time when Delhi, one of the country's most polluted and densely populated cities, continues to witness rising interest in electric mobility. The Aera's entry is being positioned as a blend of performance, tech, and efficiency in a segment that typically relies on simplified automatic drivetrains. Matter Aera: Manual gearbox in an electric format A key feature of the Aera is its 'HyperShift' transmission, a 4-speed manual gearbox developed in-house. This system is paired with three ride modes, allowing for a total of 12 gear-mode combinations. While most electric two-wheelers offer a twist-and-go experience, Matter is betting on the idea that manual control can add a layer of rider engagement that's largely missing in the EV space. Also watch: Matter Aera 5000+ review: Can India's first geared electric motorcycle be a gamechanger? Matter Aera: Powertrain and performance The Aera is powered by a liquid-cooled electric powertrain, also developed by Matter, and is aimed at handling Indian climate and road conditions. It comes with a 5 kWh battery pack that is certified for a range of up to 172 km under IDC conditions. According to the company, the bike can accelerate from 0 to 40 kmph in under 2.8 seconds. Matter's Aera: Connectivity and tech features Inside the cockpit, the Aera features a 7-inch touchscreen display with integrated navigation, ride stats, and music controls. It also supports over-the-air (OTA) software updates. Connectivity is a central part of the package, with the MatterVerse app offering features such as remote locking and unlocking, live location tracking, geo-fencing, and ride analytics. Also Read : Matter Aera 5000+ real-world range tested in Sport mode: Here's how far it went Matter Aera: Safety and convenience For braking and ride comfort, the Aera uses a dual-disc setup with ABS and a dual suspension system. A smart park assist feature is included to assist with low-speed manoeuvres, and the bike also offers a keyless start system for convenience. Matter Aera: Running costs and ownership In terms of operating costs, Matter estimates that the Aera will consume energy at roughly 25 paise per kilometre, with potential savings of up to ₹ 1 lakh over three years when compared to petrol-powered commuter bikes. Also Read : Matter Motor targets mid-segment riders with EV motorcycles and a tiered product strategy Matter Aera: Vision Arun Pratap Singh, Founder and Group COO of Matter, said the Aera reflects a step toward redefining what electric motorcycles can offer. 'Delhi isn't just the capital, it's a city that sets the pace. The AERA is about power and precision, but also practicality," he stated. The AERA is entirely developed in India and is aimed at urban riders looking for a distinctive electric alternative that doesn't compromise on control or connectivity. With this launch, Matter hopes to carve out a niche in an increasingly crowded but largely automatic-focused electric two-wheeler market. Check out Upcoming EV Bikes in India. First Published Date: 04 Jul 2025, 09:15 AM IST
