Latest news with #VidaVX2Go
Time of India
2 days ago
- Automotive
- Time of India
Hero Vida VX2 price dropped for limited period: How much you can save
Hero Vida VX2 price dropped for limited period. Hero Vida VX2 price dropped for limited period. Hero Vida VX2 price dropped for limited period. 1 2 Hero MotoCorp has announced a special introductory offer on its recently launched Vida VX2 electric scooter , reducing the price of the entry-level Go variant by Rs 15,000. Under this limited-time offer, the Vida VX2 Go now costs Rs 85,000, ex-showroom, when purchased outright. For those opting for the Battery-as-a-Service plan, where the battery is taken on subscription, the upfront cost drops to just Rs 44,990. Meanwhile, the higher-spec Vida VX2 Plus variant is priced at Rs 1 lakh outright, or Rs 58,000 with the BaaS option. Notably, the company hasn't specified how long the offer will last, so prospective buyers may want to act quickly. Hero Vida VX2: Key details you need to know The VX2 Go is powered by a 2.2 kWh removable battery that delivers an IDC-certified range of 92 km. It accelerates from 0–40 kmph in 4.2 seconds and has a top speed of 70 kmph. The scooter supports fast charging and can reach 80% battery in just 62 minutes. It also gets two riding modes: Eco and Ride. In Eco mode, the claimed real-world range is around 64 km, while Ride mode delivers around 48 km. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like An engineer reveals: One simple trick to get internet without a subscription Techno Mag Learn More Undo Simple One review: Is this the EV to beat? | TOI Auto The VX2 Plus, on the other hand, features dual removable batteries totalling 3.4 kWh and an IDC range of 142 km. This variant offers quicker acceleration (0–40 kmph in 3.1 seconds) and a higher top speed of 80 kmph. It features three ride modes: Eco, Ride, and Sports. The real world range varies between 100 km in Eco mode and 65 km in Sports. It comes with a 4.3-inch TFT display, 27.2 litres of under-seat storage, and the same fast-charging time of 62 minutes to 80%. Discover everything about the automotive world at Times of India .
NDTV
3 days ago
- Automotive
- NDTV
Hero Vida VX2 Becomes More Affordable With Introductory Offer; Check Price
Hero MotoCorp's electric two-wheeler manufacturing arm, Vida, recently launched the VX2 electric scooter. It was introduced as the most affordable model of the brand to date at a starting price of Rs 59,490 (ex-showroom). Even then, the brand has now reduced the prices of the vehicle under a limited-time introductory offer, bringing down the price to Rs 44,990 (ex-showroom). It is to be noted that this price is for the consumers who opt to buy the EV with BaaS (Battery as a Service). As mentioned earlier, the Vida VX2 Go variant was priced at Rs 59,490 (with BaaS) at the time of launch. Meanwhile, without BaaS it came at Rs 99,490, while the VX2 Plus was available for Rs 64,990 (with BaaS) and Rs 1.10 lakh (without it). Now, due to a limited-time introductory pricing offer, the VX2 Go is offered at an even lower rate of Rs 44,990 (with BaaS) and Rs 84,990 (without it), while the VX2 Plus is priced at Rs 57,990 (with BaaS) and Rs 99,990 (without it). The Hero Vida VX2 comes with two battery pack options: a 2.2 kWh and a 3.4 kWh variant. The Vida VX2 Go features the smaller battery pack, which claims to provide a range of up to 92 km. On the other hand, the Vida VX2 Plus is equipped with a 3.4 kWh power unit that can achieve a range of up to 142 km on a single charge. The Hero Vida VX2 is now the sole scooter in its category to offer features like remote immobilization and cloud connectivity for enhanced security. The Vida VX2 Plus includes a 4.3-inch TFT display, while the Vida VX2 Go has a 4.3-inch LCD unit. Additionally, the manufacturer asserts that it features seamless smartphone integration for real-time ride statistics, telemetry, and firmware Over-The-Air (FOTA) updates. Beyond these features, the Vida VX2 also provides a fast charging capability that can recharge the battery to 80 percent in just 60 minutes.
Time of India
5 days ago
- Automotive
- Time of India
Hero Vida VX2 Go vs TVS iQube vs Ola S1 Z: Battery, range, price compared
India's entry-level electric scooter space is heating up with new launches and aggressive pricing. The latest to join the fray is Hero's new Vida VX2 Go, which takes on the likes of TVS iQube and budget models like the Ola S1 Z . All three are aimed at budget-conscious urban riders, but how do they compare on crucial parameters like range, charging time, and price? Let's take a closer look. Hero Vida VX2 Go vs TVS iQube vs Ola S1 Z: Battery, range and more The Hero Vida VX2 Go is priced at Rs 99,490, ex-showroom, if purchased with the battery included. However, Hero also offers a Battery-as-a-Service (BaaS) model that significantly brings down the upfront cost to Rs 59,490. In this model, the battery is rented separately. The scooter comes equipped with a 2.2 kWh battery and claims an IDC range of 92 km, with a top speed of 70 kmph. It includes a 580 W charger that takes around 2 hours and 41 minutes to go from 0 to 80 percent. Fast charging takes just one hour for a 0-80% top-up using a DC fast charger. Simple One review: Is this the EV to beat? | TOI Auto by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Como corrigir o encolhimento muscular (Faça isso antes de dormir) Revista do Homem Saiba Mais Undo Rival TVS iQube, equipped with a similar 2.2kWh battery, is priced at Rs 94,434, ex-showroom. It offers a marginally higher IDC range of 94 km and a top speed of 75 kmph. Charging time for 0 to 80 percent is almost equal at 2 hours and 45 minutes. The iQube makes 5.9 hp and 33 Nm of torque. Then there's the Ola S1 Z, the most affordable of the trio, priced at just Rs 59,999, ex-showroom. It features a 1.5 kWh battery pack, with a claimed IDC range of 75 km, which can be extended to 146 km with an optional second battery. It offers removable batteries. The S1 Z is targeted at city commuters, while the slightly pricier S1 Z+ (Rs 64,999) is designed for both personal and light commercial use. Discover everything about the automotive world at Times of India .
Mint
03-07-2025
- Automotive
- Mint
All about that BaaS: Can a new business model help Hero MotoCorp turn the EV tide?
Next Story Ashish Agrawal The company recently launched its first electric two-wheeler under the battery-as-a-service model, but intense competition and persistent losses in the segment mean it could take years just to break even. The E2W business remains challenging for Hero Motocorp. Photo: Bloomberg Gift this article Hero MotoCorp Ltd's launch of its first electric two-wheeler (E2W) under the battery-as-a-service (BaaS) model will significantly reduce the entry barrier for the segment and perhaps help expand the market. The BaaS model offers a substantial drop in the purchase cost and variable charges based on the customer's actual usage. Yet, with the intense competition and persistent losses in the E2W segment, it could take the company a few years just to break even. Hero MotoCorp Ltd's launch of its first electric two-wheeler (E2W) under the battery-as-a-service (BaaS) model will significantly reduce the entry barrier for the segment and perhaps help expand the market. The BaaS model offers a substantial drop in the purchase cost and variable charges based on the customer's actual usage. Yet, with the intense competition and persistent losses in the E2W segment, it could take the company a few years just to break even. At ₹ 59,490 (ex-showroom), the base model Vida VX2 Go is 40% cheaper than the same model without BaaS, along with running charges of ₹ 0.96 per km. The strategy has greater significance for Hero because of its higher share in the entry-level market. 'We see the VX2 as a strategic move by Hero to build scale in India's mass 2W electric vehicle segment by blending affordability, functional utility, and Hero's expanding charging network (3,600+ points)," said Nomura Global Markets Research in a 1 July report. Nomura's analysts, however, said that hadn't yet seen general consumers in India warming up to BaaS, adding: 'Hence, we will keenly observe the response as this product holds promise." The company could be taking cues from the traction generated by the first electric four-wheeler based on BaaS model launched in September, which achieved sales of 20,000 units in six months. Margin challenges Yet, the E2W business remains challenging. The company's E2W Ebitda margin in FY25 was negative 95%, albeit much better than FY24's negative 155% margin, management said in the March-quarter earnings call. It needs a monthly run rate of 25,000-30,000 units to break even, against the current average of 7,000-8,000. The company aims to double this by March 2026, and increase its market share to 12-15% from 7% in March 2025. Hero has also filed for production-linked incentives (PLI) for Vida V2 Pro and expects to receive approval this month. Meanwhile, Hero recorded 10% growth in overall sales to 554,000 units in June. This marks a smart reversal from the 21% drop seen in the first two months of FY26. The revival in June was led by exports, which rose 140%, though they account for just about 5% of the total. Yet, June quarter (Q1FY26) volumes declined by 11% to 1.37 million units, dragged down by the performance in the first two months. While the two-wheeler market remains strong thanks to strong rural demand, Hero continues to lose market share. In the eight quarters to Q4FY25, its market share declined by about 910 basis points (bps) to 41.5% in motorcycles and 620 bps to 28% in two-wheelers. However, volumes may increase with the 100 bps reduction in the repo rate, which reduces the cost of financing. Note that about 63% of FY25 sales were through financing. Rich valuation despite correction To be sure, the company's declining market share has weighed in investor sentiment. Hero's shares are down about 23% over the past year vis-à-vis a drop of 4% in the Nifty Auto index. Despite the correction, the stock's valuation of 17 times estimated FY26 earnings, as per Bloomberg consensus, is higher than the long-term average of about 15. Market-share gains are crucial for the stock's trajectory. However, subdued performance in the 110-cc motorcycle segment, where Hero has a strong presence, and intense competition in the 125-cc motorcycles segment could curtail the company's market-share gains in the coming years. Also, the launches of premium models are expected to increase its market share by only 200-300 bps (its current share is 2%) with weak brand positioning versus the competition, according to a Kotak Institutional Equities report. Topics You May Be Interested In Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Hindustan Times
02-07-2025
- Automotive
- Hindustan Times
Hero Vida VX2 is even cheaper than iPhone 16e, the most affordable phone from Apple
Hero MotoCorp on July 1 launched its most affordable electric scooter, Vida VX2, which comes undercutting the price of even the most affordable iPhone in the market. While the most affordable phone from Apple, the iPhone 16e, is priced at ₹ 59,900, the Vida VX2 can be purchased at ₹ 59,490 (ex-showroom). The electric scooter is available in two different variants and is on offer with a battery-as-a-service (BaaS) scheme. Vida VX2 has been launched as the most affordable electric scooter of Hero MotoCorp. With the BaaS scheme, the Vida VX2 Go, the base variant of the electric scooter, can be purchased at ₹ 59,490 (ex-showroom), while without the battery subscription plan, it costs ₹ 99,490 (ex-showroom). The top variant of the Vida VX2, christened as VX2 Plus, comes priced at ₹ 64,990 (ex-showroom), with the BaaS scheme and ₹ 109,990 (ex-showroom), without the subscription plan. The consumers who will opt for the BaaS scheme will have to pay ₹ 0.96 per kilometre for using the battery. The BaaS scheme makes the Vida VX2 electric scooter significantly affordable than rivals such as Bajaj Chetak, TVS iQube and Ola S1 Air. Even the Ola S1 Z, which comes priced from ₹ 59,999 (ex-showroom), is yet to hit the roads. The VX2 sits under the V2 in Vida's product lineup. Vida VX2: Powertrain and specifications The Vida VX2 Go is available with a 2.2 kWh removable battery pack that allows it to run at a top speed of 70 kmph and a range of up to 92 kilometres on a single charge. It is capable of sprinting 0-40 kmph in 4.2 seconds. Powering the top-spec Vida VX2 Plus is a 3.4 kWh dual removable battery pack, which promises up to 142 kilometres of range on a full charge. This variant is capable of running at a top speed of 80 kmph. This trim is capable of accelerating 0-40 kmph in 3.1 seconds.
