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Hero Electric offers discount on its products

Team OD  | Updated: May 04, 2020, 04:00 PM IST

Hero Electric is well prepared to take advantage of the rise of EV adoption after the lockdown is lifted. The company thinks that there will be a significant hike in the EV adoption rate after the lockdown is lifted. The company has announced an online sales scheme for its entire fleet with lucrative offers on its products. A cash discount of Rs 5000 can be redeemed on all models and a discount of Rs 3000 on Glyde and e-Velocity can be availed. And all the potential Hero Electric customers get a referral discount of Rs 1000. These offers stand for all the online bookings made between 17th April to 15th May and customers can take delivery any time after the lockdown is over.

The global electric vehicle and electric vehicle infrastructure market is expected to reach 4.8 million units by 2021 from an estimate of  3.42 million units in 2020 and India is expected to contribute majorly to the total growth.  The Coronavirus caused lockdown has curbed fuel emissions and this has reduced the pollution level in the capital of the country by 60 per cent.

Hero Electric believes that people will now want sustainable and less polluting vehicles for they might not want to deteriorate the air quality again. The switch to EVs will also reduce travel pit stops at fuel stations and that means more contactless travel after the lockdown is lifted because EVs are powered by portable batteries.

Sohinder Gill, CEO of Hero Electric said, "The latest Harvard report of the adverse effect of air pollution particularly the PM 2.5 emitted from IC vehicles on COVID-19 patients is an eye opener. Given the upcoming 'new normal' era, consumer focus on sustainable mobility options, preference of sensibly priced electric two-wheelers, and reluctance in going back to the overcrowded public transport system; Hero Electric foresees an exponential increase in the number of electric vehicles on road post lockdown. We have with us a wide range of electric scooters that have zero tail pipe emissions, priced between Rs.40000 to 70000 and have extremely low running costs."

Tags: hero  |  Hero Electric  |  EVs  |  EV  |  Electric Vehicles  |  electric bikes  |  bikes  |  bike  |  Coronavirus  |  coronavirus pandemic  |  Covid-19  |  lockdown
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