Quick Highlights:Ather Energy to raise electric scooter prices by up to ₹3,000 from January 1, 2026Price hike attributed to higher input costs and adverse foreign exchange movementsEntry-level Rizta S and flagship 450 Apex both set to become costlierDecember 2025 remains the last chance to buy at current prices with festive offers availableAther Energy has announced an upward revision in prices across its electric scooter portfolio, becoming the latest electric two-wheeler manufacturer to implement a New Year hike. The revised prices will come into effect from January 1, 2026, with an increase of up to ₹3,000 depending on the model and variant.The Bengaluru-based EV maker stated that the decision was driven by escalating input costs and persistent pressure from unfavorable foreign exchange movements. The situation has been further compounded by rising global prices of raw materials and electronic components, key inputs in electric vehicle manufacturing.The Indian rupee has witnessed significant depreciation in recent months, touching a record low of 91.01 against the US dollar in mid-December 2025. The currency has emerged as the worst performer in Asia this year, declining nearly six percent amid factors such as delayed trade negotiations between India and the US, steep US tariffs on Indian exports, and sustained foreign fund outflows.Currently, Ather’s electric scooter range begins with the Rizta S, priced at ₹1,04,999 ex-showroom. Post-hike, the entry-level model is expected to cost around ₹1,07,999. At the other end of the spectrum, the flagship Ather 450 Apex, presently priced at ₹1,89,999 ex-showroom, could see its price rise to approximately ₹1,92,999.Prospective buyers still have a limited window to purchase Ather scooters at existing prices, as December 2025 marks the final month before the revision takes effect. To boost year-end demand, the company is also running its ‘Electric December’ campaign, offering benefits of up to ₹20,000 in select cities.Ather Energy, which was listed on the stock exchanges in May 2025, has continued to draw strong investor interest. The company’s shares have surged by about 118 percent from their issue price within seven months of listing, underscoring growing optimism around India’s electric two-wheeler market.