Tork Motors has launched two e-bikes — the Kratos and Kratos R — for the Indian market. The Kratos is priced at ₹ 1,92,499, while the R version retails for ₹ 2,07,499 (ex-showroom, Pune). FAME-II subsidies knock a significant ₹ 60,000 off these prices, bringing the effective ex-showroom prices down to ₹ 1,32,499 and ₹ 1,47,499.
Tork says it will roll out the bikes in a phased manner across India, with phase 1 cities comprising Pune, Hyderabad, Bengaluru, Chennai, Ahmedabad and Delhi. In phase 2, it will target 100 cities. In states where a state subsidy for EVs is applicable, there are further benefits on purchasing the bikes — in Pune, state subsidies bring effective ex-showroom prices down to ₹ 1,07,999 and ₹ 1,22,999, while in Delhi, the Kratos’ ex-showroom price is as low as ₹ 1,02,499.