Hero looks to expand e-2W sales to 100 cities
Announces a cut of Rs 20,000 in the prices of VIDA V1 Plus and VIDA V1 Pro scooters
image for illustrative purpose
New Delhi: Hero MotoCorp on Wednesday said it will scale up the presence of its electric scooter range under the VIDA brand to 100 cities this year.
The company, which also announced a cut of around Rs 20,000 in the prices of VIDA V1 Plus and VIDA V1 Pro scooters, said it will utilise its existing dealer network to rapidly scale up electric vehicle operations across the country. "In line with our vision to democratise green mobility and expedite the growth of the electric vehicle (EV) category, we are set for a rapid expansion of VIDA across the country," Hero MotoCorp Head – Emerging Mobility Business Unit Swadesh Srivastava said in a regulatory filing. The company will utilise the existing network strength of Hero MotoCorp to expand operations to 100 cities, he added.
It has already commenced the expansion plan with eight new cities – Pune, Ahmedabad, Nagpur, Nasik, Hyderabad, Chennai, Calicut and Kochi. VIDA brand is currently present in Bengaluru, Jaipur, and Delhi aided by nearly 300 charging points at 50 locations.
