Hero MotoCorp cuts prices of Vida electric scooters by upto ₹25,000

Hero MotoCorp cuts price

To spice up gross sales, main electric scooter producers like Ather and Ola Electric scooter had not too long ago launched affordable base-spec variants. It seems that OEMs need to obtain a starting value of under Rs 1 lakh. This has a significant impression on consumer perceptions and their decision making.

Now, Hero MotoCorp appears to be following a similar strategy. Prices have been decreased by Rs 25k for Vida V1 Plus and Rs 20k for Vida V1 Pro. Costs of Vida scooters can be even decrease at locations that still have state subsidy.

You may also like: Best bike in India

Hero Vida new prices – April 2023

Earlier, Vida prices were fairly excessive at Rs 1.45 lakh for V1 Plus and Rs 1.59 lakh for V1 Pro. Hero MotoCorp has now applied a brand new pricing policy that can be relevant pan-India.

The brand new efficient value of Vida V1 Plus is Rs 1,19,900 whereas Vida V1 Pro will retail at Rs 1,39,900. That is an efficient value, which includes FAME II subsidy and portable charger.

Hero says that the brand new costs will make Vida more accessible to the lots. It should also assist speed up adoption of electric scooters.

Some states proceed to supply state-level subsidies for EVs. Shoppers in these states can get the Vida at an excellent lower cost.

For Instance, people in Ahmedabad can get Vida V1 Plus at Rs 99,900 and Vida V1 Pro at Rs 1,19,900. Equally, costs will range primarily based on state level subsidy. Different states that proceed to supply state subsidies include Rajasthan and New Delhi.

You may also like: Ola Electric Refund of Rs 130 crore for Charging for Chargers

Vida to increase presence across 100 cities

Hero MotoCorp is engaged on a mega expansion plan, which can assist enhance gross sales. As of now, Vida is out there in Bengaluru, Delhi and Jaipur.

The corporate has additionally began expansion plans in eight new cities – Pune, Ahmedabad, Nagpur, Nasik, Hyderabad, Chennai, Calicut and Kochi. By finish of CY2023, Hero has plans to make Vida available in 100 cities.

The corporate shouldn’t have any main challenges, because it already has a large network of dealerships.

Hero currently operates expertise centres for Vida in Bengaluru and Jaipur. In Delhi, the corporate has pop-up stores. Pre-bookings for Vida are actually open in the eight new cities. Deliveries are anticipated to start quickly at these locations.

Hero can also be working to broaden its charging community. As of now, there are round 300 charging station throughout Bengaluru, Delhi and Jaipur.

Charging stations will quickly be arrange in new cities as properly. The charging stations can be put in at outstanding places to make sure quick access to customers. When using Vida’s quick charging community, users can refuel at 1.2 km per minute.

Because of the earlier high pricing, Vida gross sales have been pretty limited compared to rivals. With extra affordable pricing and availability throughout 100+ cities, a surge in gross sales might be expected.

Vida comes with removable batteries, which is one other advantageous factor for the scooter.

Vida has set up nearly 300 charging points at 50 locations across the three initial cities for public use. It will soon expand its charging ecosystem to the new cities as well, he added.

You may also like: Bike Maintenance Tips

#Hero #Vida #Electric #Scooter #Price #Cut