I agree that the final goal of ather isn’t to just be the club of elite customers. But I think Tarun said it somewhere that the idea of bringing a high cost low volume vehicle as proof of concept and then moving to a low price high volume product is always the right way to start off. And 450X is just a stepping stone in that direction and I think the 450 wasnt exactly the premium product they were looking for that can make them good profits and get them going. Also
I don’t think you took into account the added features and performance. It’s not just about breaking even with the 450X. It’s better to compare the performance with a 150cc scooter like the Aprillia and even with that you won’t be able to match the kind of features that only come in 10+ lakh bikes. But in your case you’ve moved from one segment to a segment higher.