Please find enclosed herewith a copy of the Press Release being issued by the Company
HEROMOTOCO · price
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Hero MotoCorp's electric two-wheeler brand VIDA has launched the VX2 EVOOTER, a new electric scooter category combining EV technology with scooter practicality. The scooter comes in two variants—VX2 Plus and VX2 Go—with starting prices of ₹59,490 (with Battery-as-a-Service) and ₹99,490 (without BaaS). Customers can opt for a pay-per-km subscription starting at ₹0.96 per km, eliminating high upfront battery costs. The VX2 Plus offers up to 142 km range with a 3.4 kWh removable battery, while the VX2 Go offers up to 92 km with a 2.2 kWh battery. The launch is supported by 3,600+ charging points and 500+ sales/service centres, with a 5-year or 50,000 km warranty.
This launch strengthens Hero MotoCorp's position in the growing Indian electric two-wheeler market by offering competitive pricing and flexible ownership models that lower the entry barrier. Positive near-term sentiment likely on the back of new product momentum, though the EV segment remains margin-pressured and competitive.