India, March 2 -- Pune-based Tork Motors has announced a hefty discount of Rs.37,500 on the Kratos R electric motorcycle. The Tork Kratos R now retails at Rs.1.50 lakh, as against the previous asking price of Rs.1.87 lakh (ex-showroom, including FAME II subsidy), albeit for a limited period till March 31, 2024. The new offer adds a Rs.15,000 price cut on the e-motorcycle, considering the company was already offering a Rs.22,000 discount since the end of 2023.

The massive price cut has been rolled out in a move to maximise availing the FAME II subsidy that ends on March 31. Tork, much like several other electric two-wheeler makers, has been offering massive discounts on their respective products to claim as many benefits as possible under...