Hero MotoCorp cuts worth of VIDA V1 e-scooter, to scale up presence in 100 cities. Particulars right here

Hero MotoCorp has introduced to scale up the presence of its electrical scooter vary beneath the VIDA model to 100 Indian cities this yr. The corporate mentioned it’s going to utilise its present vendor community to quickly scale up electrical automobile operations throughout the nation.

The automaker has additionally introduced a minimize of round 20,000 within the costs of VIDA V1 Plus and VIDA V1 Professional scooters. After the value minimize, VIDA V1 Plus and VIDA V1 Professional will now price 1,19,900 and 1,39,900 respectively (ex-showroom worth pan-India, together with moveable charger and FAME II subsidy).

The brand new costs of the 2 scooter trims, nonetheless, will range throughout the nation primarily based on respective state subsidies, it added. Hero MotoCorp mentioned the enlargement plans for the VIDA model will probably be supported by way of new pricing for the VIDA V1.

“Consistent with our imaginative and prescient to democratise inexperienced mobility and expedite the expansion of the electrical automobile (EV) class, we’re set for a speedy enlargement of VIDA throughout the nation,” Hero MotoCorp Head – Rising Mobility Enterprise Unit Swadesh Srivastava mentioned in a regulatory submitting.

Hero Motorcorp has already commenced the enlargement plan with eight new cities – Pune, Ahmedabad, Nagpur, Nasik, Hyderabad, Chennai, Calicut and Kochi.

VIDA model is at present current in Bengaluru, Jaipur, and Delhi aided by practically 300 charging factors at 50 places. 

“We’re assured that our new worth factors will carry extra prospects into the EV scooter class… aligned with our customer-centric ethos, we can even lengthen the pricing profit to the present VIDA V1 prospects,” Srivastava mentioned.

Hero MotoCorp launched the VIDA V1 scooter in October, final yr. The corporate began buyer deliveries of the electrical scooters in December of the identical yr.

The corporate has been a late entrant into the section which has gamers like Ola Electrical, Ather, TVS Motor and Bajaj.

(With inputs from PTI)

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