Thursday, March 23, 2023
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Hero MotoCorp begins customer deliveries of Vida V1 electric scooters

Hero MotoCorp, one of the country’s largest two-wheeler companies, recently entered the electric two-wheeler segment. The company launched the V1 electric scooter with its new sub-brand Vida. Hero MotoCorp has started delivering the Vida V1 electric scooter to customers.

company The first customer has taken delivery at the experience center in Bengaluru. It will soon be available in Delhi and Jaipur. The company has launched V1 in two variants Plus and Pro. Vida V1 Plus’s Price 1.45 lakh approx (ex-showroom) and Vida V1 Pro approx Rs 1.59 lakh (ex-showroom). Customers of these electric scooters will have the facility to use Ather Energy’s fast charging network for charging. Vida Plus has a minimum range of 143 kilometers on a single charge.

Sales of electric two-wheelers are picking up and a major reason for this is rising petrol prices. However, due to some incidents of electric scooters catching fire, there have been apprehensions about the safety. This may affect the sales of e-scooters. Hero Moto had invested in a few electric vehicle startups before launching its first model in the segment. In September, the company had announced an investment of $60 million to jointly develop electric motorcycles with US-based Zero Motorcycles. Earlier this year, the company had invested over $56 million in Ather. Last year, it entered into a venture with Taiwan’s Gogoro for battery sharing infrastructure.

Ola Electric, one of the big companies in the electric two-wheeler segment, has prepared to sell electric scooters in the international market. Bhavish Aggarwal, Founder and CEO of Ola, said, “Our expansion overseas signifies the growth of the company as well as the significant role that India plays in driving the EV segment in the world.” He had said that India will have to make a big contribution to take the electric vehicle segment to the next level. The company recently announced its electric four-wheeler project. Ola, invested by Japan’s SoftBank Group, is focusing on becoming an integrated mobility company.


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