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Hero motocorp to enter in electric segment will launch first electric scooter on 7th October

Hero Electric Scooter: Hero is going to bring its first electric scooter. This electric scooter will compete with TVS iQube (TVS iQube), Bajaj Chetak (Bajaj Chetak) and many of its rivals.

Hero First Electric Scooter launch: If you too are thinking of buying a new electric scooter, then wait a bit. The country’s largest two-wheeler company Hero MotoCorp is preparing to introduce its first electric vehicle (EV) in the domestic market next month. Along with this, the company will also enter the electric vehicle market. The launch of this scooter is going to happen on 7th October. The prices of the model will be revealed in the coming weeks. It is believed that its price can be around 1 lakh rupees.

The company has given information about a program under its ‘Vida’ brand on October 7, 2022, in the information given to the stock exchanges. Hero MotoCorp’s new electric two-wheeler will compete with scooters like TVS iQube, Bajaj Chetak, Ola S1. Earlier it was reported that the bike maker has also tied up with a Taiwanese company Gogoro for battery swapping technology.

Dealers, investors and global distributors have been invited to the company’s event in Jaipur, Rajasthan. According to industry sources, the company will present its first EV product at this event. Hero MotoCorp said in March this year that it has created a $100 million (about Rs 760 crore) global fund to help over 10,000 entrepreneurs on environmental, social and governance (ESG) solutions, including their electric vehicles. Hero MotoCorp is planning to introduce emerging transport solutions under its Vida brand.

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