Latest news with #VX2Plus
Time of India
35 minutes ago
- Automotive
- Time of India
Hero MotoCorp shares in focus as June sales rise 10% on strong exports, EV push
Shares of Hero MotoCorp are set to be in focus on Wednesday after the two-wheeler giant reported a 9.6% year-on-year rise in total sales for June, driven by a sharp recovery in exports and continued momentum in its electric vehicle portfolio. Hero MotoCorp's total sales rose to 5.54 lakh units in June 2025, up from 5.03 lakh units in the same month last year, the company said in a stock exchange filing on Tuesday. Domestic volumes stood at 5.25 lakh units, a 7% increase over June 2024, while exports more than doubled to 28,827 units from 12,032 units a year ago. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Semua yang Perlu Anda Ketahui Tentang Limfoma Limfoma Pelajari Undo Of the total vehicles sold, motorcycles accounted for 5.13 lakh units, marking an 8% rise over the previous year. Scooter sales jumped 36.7% year-on-year to 41,305 units, compared to 30,220 units in June 2024. The company also recorded 3.94 lakh Vahan registrations across both urban and rural markets, underlining sustained domestic demand. Hero MotoCorp sold over 7,178 units of its VIDA V1 e-scooter during the month, reflecting growing acceptance of its electric offerings. Live Events EV focus and premium tie-up The company, in collaboration with Harley-Davidson, unveiled the 2025 model year line-up and pricing for Harley-Davidson motorcycles in India as part of its broader push to strengthen its presence in the premium two-wheeler segment. Hero also launched the VX2 Go (2.2kWh) and VX2 Plus (3.4kWh) electric scooters, priced at Rs 99,490 and Rs 1,09,990, respectively. According to brokerage Nuvama, the new models enhance Hero's EV portfolio, noting that 'Vida remains the only brand offering removable batteries.' Nuvama has maintained a 'buy' rating on the stock with a target price of Rs 5,100, highlighting the company's goal 'to double E-2W volumes and capture a 12–15% market share by end-FY26E' and its ambition 'to secure a top-three position among E-2W OEMs by FY27E.' Hero MotoCorp shares closed 0.26% lower at Rs 4,226 apiece on Tuesday, while the broader Nifty 50 rose 0.10% the same day. The stock is down 24.58% over the past year but has gained 1.57% year-to-date. Also read | Hero MotoCorp sales up 10 per cent in June ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Mint
9 hours ago
- Automotive
- Mint
Vida VX2 electric scooter launched at ₹59,490 with battery subscription model: Range, features and more
Hero MotoCorp's electric vehicle arm, Vida, has expanded its two-wheeler portfolio with the launch of the VX2 electric scooter, its most affordable offering to date. Priced at ₹ 59,490 (ex-showroom) under the Battery-as-a-Service (BaaS) model, the VX2 marks a strategic move to make EV ownership more accessible by offering a pay-per-kilometre battery plan starting at just ₹ 0.96/km. The VX2 becomes the first Vida scooter to feature a battery subscription plan, joining the existing V2 lineup which includes the V2, V2 Pro, V2 Lite, and V2 Plus. Customers seeking outright ownership can purchase the VX2 Go at ₹ 99,490, while the higher-spec VX2 Plus will retail at ₹ 1,09,990, both prices ex-showroom. Under the BaaS model, the VX2 Go is offered at ₹ 59,490 and the VX2 Plus at ₹ 64,990. The BaaS offering aims to significantly reduce the scooter's upfront cost, a key consideration for price-sensitive markets. Visually, the VX2 inherits much of its design DNA from the earlier Vida Z, featuring the familiar LED tail-lamp and 12-inch wheels seen across the Vida range. However, the VX2 adopts a more utilitarian design with a single-piece stepped seat, emphasising comfort and daily practicality. Powering the VX2 Go is a 2.2 kWh swappable battery offering a claimed range of 92 km (IDC), while the VX2 Plus features a larger 3.4 kWh battery capable of up to 142 km on a full charge. Both variants support fast charging and can recharge to 80 per cent in approximately 60 minutes. The VX2 offers three different charging options to suit varied usage patterns, at home or on the move. Vida also claims the 12-inch wheels are the widest in their class, promising better grip and handling.
Mint
11 hours ago
- Automotive
- Mint
Vida VX2 electric scooter launched at ₹59,490 with battery subscription model: Range, features and more
Hero MotoCorp's electric vehicle arm, Vida, has expanded its two-wheeler portfolio with the launch of the VX2 electric scooter, its most affordable offering to date. Priced at ₹ 59,490 (ex-showroom) under the Battery-as-a-Service (BaaS) model, the VX2 marks a strategic move to make EV ownership more accessible by offering a pay-per-kilometre battery plan starting at just ₹ 0.96/km. The VX2 becomes the first Vida scooter to feature a battery subscription plan, joining the existing V2 lineup which includes the V2, V2 Pro, V2 Lite, and V2 Plus. Customers seeking outright ownership can purchase the VX2 Go at ₹ 99,490, while the higher-spec VX2 Plus will retail at ₹ 1,09,990, both prices ex-showroom. Under the BaaS model, the VX2 Go is offered at ₹ 59,490 and the VX2 Plus at ₹ 64,990. The BaaS offering aims to significantly reduce the scooter's upfront cost, a key consideration for price-sensitive markets. Visually, the VX2 inherits much of its design DNA from the earlier Vida Z, featuring the familiar LED tail-lamp and 12-inch wheels seen across the Vida range. However, the VX2 adopts a more utilitarian design with a single-piece stepped seat, emphasising comfort and daily practicality. Powering the VX2 Go is a 2.2 kWh swappable battery offering a claimed range of 92 km (IDC), while the VX2 Plus features a larger 3.4 kWh battery capable of up to 142 km on a full charge. Both variants support fast charging and can recharge to 80 per cent in approximately 60 minutes. The VX2 offers three different charging options to suit varied usage patterns, at home or on the move. Vida also claims the 12-inch wheels are the widest in their class, promising better grip and handling. On the tech front, the VX2 Plus is equipped with a 4.3-inch TFT display, while the VX2 Go features a 4.3-inch LCD unit. Both variants support turn-by-turn navigation. Additional smart features include smartphone connectivity, real-time ride tracking, remote immobilisation, and cloud-based security functions. Firmware Over-The-Air (FOTA) updates are also supported.
India Today
13 hours ago
- Automotive
- India Today
Vida VX2 electric scooter launched, price starts at Rs 59,490
Vida, Hero MotoCorp's electric mobility brand, has launched the new VX2 electric scooter, With prices starting at Rs 59,490 (ex-showroom).Two variants with Battery-as-a-Service optionThe VX2 is available in two variants, VX2 Go and VX2 Plus and introduces an Battery-as-a-Service (BaaS) model. This allows customers to lease the battery instead of buying it outright, significantly reducing the upfront cost. Under this plan, the VX2 Go is priced at Rs 59,490 (ex-showroom) and the VX2 Plus at Rs 64,990 (ex-showroom). Without BaaS, the prices go up to Rs 99,490 (ex-showroom) for the Go variant and Rs 1,09,990 for the Plus (ex-showroom). advertisementBattery, range, and charging capabilitiesVida claims that the BaaS model brings down running costs to just Rs 0.96 per kilometre. As an added benefit, if battery performance drops below 70%, Vida will replace it free of charge during the subscription period. The VX2 Go features a 2.2kWh battery that delivers an IDC-certified range of up to 92km, while the VX2 Plus gets a larger 3.4kWh battery capable of up to 142km on a full charge. Both batteries are removable, offering flexible three-way charging options. Fast charging allows the battery to reach 80% in just 60 minutes. Using the standard 580W charger, a full charge takes about 3 hours and 53 minutes for the Go and around 5 hours and 39 minutes for the VX2 rides on 12-inch wheels, features a sleek, flowing design with a familiar Vida silhouette and comes in seven contemporary colour options, including exclusive shades for the Plus variant. The scooter gets a long, flat single-piece seat, a pillion backrest, and a practical front-mounted frunk for added utility. Underseat storage is generous, 33.2 litres in the Go variant and slightly less in the Plus due to its dual battery and featuresadvertisementIn terms of tech, both variants come equipped with cloud connectivity, remote immobilisation, turn-by-turn navigation, and real-time ride statistics via smartphone integration. The Go variant sports a 4.3-inch LCD display and offers two riding modes, Eco and Ride. The Plus variant upgrades to a 4.3-inch TFT display and includes an additional Sport mode. Both offer Firmware Over-The-Air (FOTA) updates, enhancing the experience over is backing the VX2 with India's largest EV ecosystem, which includes over 3,600 charging points and more than 500 sales and service centres. A comprehensive warranty of 5 years or 50,000 km further boosts customer confidence. The launch of the VX2 marks a significant milestone in Vida's mission to build not just electric vehicles but an ecosystem that empowers cleaner, smarter on the occasion, Dr Pawan Munjal, Executive Chairman of Hero MotoCorp, said, "VIDA was born from a vision far greater than building electric vehicles—we set out to spark a movement. A movement that puts people and planet first, that redefines mobility as a force for good, and that gives every individual—not just the few—the opportunity to thrive, grow, and live better. VIDA means 'life'—and that is exactly what we aim to bring: cleaner air, better choices, and smarter journeys. A name that reflects our purpose—to drive meaningful progress and create a positive impact, not just in cities, but across every corner of Bharat and the world. On the birth anniversary of our Founder Chairman, Dr. Brijmohan Lall Munjal, we renew our commitment to build a future that is smart, connected, and conscious. With the VIDA VX2 EVOOTER, we are not simply launching a product—we are delivering an ecosystem that empowers change. This is our promise: to make sustainable mobility widely accessible, to make our products highly affordable, and to always lead with trust, responsibility, and purpose. Backed by Hero MotoCorp's legacy, VIDA will power a better tomorrow—for everyone."Subscribe to Auto Today Magazine- Ends
Hindustan Times
13 hours ago
- Automotive
- Hindustan Times
Vida VX2 launched at ₹59,490 with battery subscription, priced at ₹99,490 with battery
Launched at ₹59,490, the Vida VX2 becomes the first product from the two wheeler maker to get battery as a service with a cost of 96 paise per km. Notify me The electric vehicle division of Hero MotoCorp, Vida has launched its new entry level electric scooter- the Vida VX2. Launched at ₹ 59,490, with battery as a service, the new model expands the current Vida V2 lineup which consists of the V2, V2 Pro, V2 Lite and V2 Plus. Interestingly, the VX2 becomes the first offering from Vida to get battery as a service with a cost of 96 paise per km. The outright buying cost of the VX2 is ₹ 99,490, ex-showroom. The VX2 Go is priced at ₹ 59,490 and the VX2 Plus is priced at ₹ 64,990 with the Battery-as-a-Service (BaaS) subscription model (two levels of trim). For battery ownership prices increase to ₹ 99,490 for the base VX2 Go and ₹ 1,09,990 for the top end VX2 Plus. All the prices are ex-showroom. This marks the first Vida model with battery subscription (with a pay-per-kilometre cost beginning at ₹ 0.96/km) in what is aimed at reducing the cost of ownership upfront. Also Read : Ather Rizta S 3.7kWh variant launched at ₹ 1.37 lakh, offers 159 km claimed range Vida VX2: Design The Vida VX2 sticks closely to the visual language of the earlier Vida Z, carrying forward its overall silhouette and signature LED tail-light. It rolls on 12-inch wheels, just like the current Vida V2 range, reinforcing design continuity across the lineup. Few notable changes include a more practical, single-piece stepped seat. Altogether, the VX2 presents a cleaner, more functional design approach that aims to balance familiarity with everyday usability. Vida VX2: Specs and hardware The Vida VX2 has a swappable battery pack, with performance varying between versions. The VX2 Go uses a 2.2 kWh pack and has a claimed 92 km range (IDC), while the VX2 Plus comes with a 3.4 kWh pack, with up to 142 km range. They both have fast-charging capability, charging the battery to 80 per cent in 60 minutes. Also Read : Vida V2 gets a ₹ 32,000 price drop, becomes cheaper than TVS iQube, Bajaj Chetak Practical and designed for functionality, the VX2 also has three charging options, giving flexibility both at home and on the move. The scooter rides on 12-inch wheels that Vida states are the widest in its class, designed to give improved grip and handling. Vida VX2: Features The VX2 Plus has a 4.3-inch TFT screen, whereas the VX2 Go receives a 4.3-inch LCD with turn-by-turn capability supported by both. Smartphone integration with real-time ride tracking, remote immobilisation, and cloud-based security is also available on the scooters. Users also benefit from Firmware Over-The-Air (FOTA) updates and access to Vida's public charging network, which includes over 3,600 charging points. The VX2 Go variant offers 33.2 litres of underseat storage, capable of holding a full-face helmet (when the battery is removed). Comfort is supported by a long, contoured seat designed for two passengers. Check out Upcoming EV Cars in India, Upcoming EV Bikes in India. First Published Date: 01 Jul 2025, 18:55 PM IST
