Those planning to get their bikes in the festive season have got a setback. Hero MotoCorp, India’s largest two-wheeler company, has announced to increase the prices of its bikes.
Hero MotoCorp has announced to increase the prices of its bikes.
Those planning to get their bikes in the festive season have got a setback. Hero MotoCorp, India’s largest two-wheeler company, has announced to increase the prices of its bikes. The new prices have come into effect from today 22nd September. The company has made its bikes expensive twice before in the year 2022. According to the company, these price increases have been made due to the rising cost of manufacturing the bikes.
How much did the prices rise?
Hero MotoCorp has said in a statement today that it has increased the prices of motorcycles and scooters. And the maximum price has been increased by Rs 1000. This advantage is different in different models and markets. The new prices have come into effect with immediate effect. The company has informed that in order to reduce the increasing effect of inflation, it has been decided to increase the prices.
Apart from this, let us tell you that there is a plan to buy a new electric scooter, then for the information of the people, let us tell you that the two wheeler company Hero Motocorp is ready to enter the electric vehicle segment. For the customers, the company is going to launch its first EV ie electric scooter next month. The company will launch this scooter on October 7 next month, at present, not much information related to this scooter has been revealed, but let us tell you that on the special occasion of the 10th anniversary, the company has shown a glimpse of this scooter.
To recall, Hero Motorcorp had trademarked its Vida sub-brand a while back and the entire focus of this brand will be on the electric segment. Some time back, the company had filed patents for Vida EV, Vida MotoCorp, Vida Electric, Vida Motorcycles and Vida Scooters.
According to the reports that have come to the fore so far, 12-inch alloy wheels can be found in the front of this Hero electric scooter and 10-inch in the rear. How much range will this scooter offer in full charge, soon the company can also give information about this. According to media reports, the price of this scooter can be between 1 lakh to 1.5 lakh rupees.