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Hindustan Times
24-05-2025
- Automotive
- Hindustan Times
Hero MotoCorp to launch two new Vida electric scooters on July 1
Hero is reportedly working on two new and more affordable versions of its Vida product range. Check Offers Hero MotoCorp has officially announced that it will launch two new electric scooters under its Vida brand on July 1, 2025. The announcement for the new upcoming products was made during the company's FY2025 earnings call, where senior management confirmed plans to expand its electric two-wheeler portfolio with more accessible models. Currently, the Vida lineup includes three variants of the V2 electric scooter: V2 Lite, V2 Plus, and V2 Pro. The upcoming additions are expected to be more affordable, aimed at widening the brand's reach in the electric mobility segment. Focus on affordability While specific details about the new models have not been disclosed, reports indicate that Hero is developing a new cost-efficient EV platform, referred to as ACPD. This platform may allow the company to price its electric scooters closer to conventional internal combustion engine (ICE) two-wheelers. Hero is presently producing around 7,000 electric scooters per month and with the launch of the new models, the combined output could rise to 15,000 units per month. Also Read : Hero HF 100 receives OBD-2B compliance, priced at ₹ 60,118 Dealer network expansion In line with the upcoming launches, Hero is continuing to expand its Vida dealer network. The brand currently operates 203 Vida touchpoints, including 180 dealerships across 116 cities. This expansion is intended to improve accessibility and service coverage for Vida customers across the country. Also Read : Hero XPulse 210 deliveries begin from new Premia dealerships Sales growth in FY2025 Hero MotoCorp recorded sales of 48,673 electric two-wheelers in FY2025, representing a 175 per cent increase over the 17,720 units sold in FY2024. The Vida range competes in a market that includes electric two-wheelers from manufacturers such as Ola Electric, Ather, Bajaj, TVS and Ampere. The current Vida V2 range is priced between ₹ 74,000 and ₹ 1.15 lakh (ex-showroom). A recent price revision has brought the entry-level variant below the prices of some key competitors. Check out Upcoming Bikes In India. First Published Date: 24 May 2025, 13:42 PM IST
Hindustan Times
16-05-2025
- Automotive
- Hindustan Times
More affordable Hero electric scooters coming in July
Hero is reportedly building a new low-cost platform that are likely to underpin the new electric scooter range Check Offers Hero MotoCorp is all set to expand its electric two-wheeler range under the Vida brand. The company revealed the development during the latest earning call for FY2025. The company's senior management revealed that the brand plans to bring two new electric two-wheelers by July this year, which will be more affordable. At present, Hero's electric mobility brand 'Vida' retails the V2 electric scooter in three variants - V2 Lite, V2 Plus, and V2 Pro. 2 new Vida electric scooters coming soon Details are scarce about what the new offerings will be but expect to see a low-cost version. Recent reports suggest Hero developing a new low-cost platform 'ACPD' that will help the manufacturer position its EVs closer to ICE models. At present, Hero is producing on average 7,000 electric scooters every month, and the upcoming EVs should help the company scale-up operations. The combined output is likely to rise up to 15,000 units per month with the upcoming new offerings. Also Read : Vida V2 gets a ₹ 32,000 price drop, becomes cheaper than TVS iQube, Bajaj Chetak Hero is also expanding its dealer network more aggressively to support the upcoming offerings. The company currently has 203 Vida touchpoints including 180 dealerships across 116 cities. Expect the brand to make its way inland, making the Vida e-scooters accessible to the masses. Vida's current V2 e-scooter range is priced from ₹ 74,000, going up to ₹ 1.15 lakh (ex-showroom). Hero electric two-wheeler sales Hero MotoCorp saw a significant growth in volumes in the electric two-wheeler space in FY2025. The two-wheeler giant sold 48,673 units in the last financial year, registering a massive growth of 175 per cent year-on-year, when compared to 17,720 units sold in FY2024. The Vida range primarily competes against offerings from Ola Electric, Bajaj, Ather, TVS, Ampere, and more. Check out Upcoming EV Bikes in India. First Published Date: 16 May 2025, 17:22 PM IST
