Hero Electric offers an Exchange Bonus Of ₹ 6000 to old two-Wheeler Owners to Switch To Electric Bikes

Feb 04 2019 05:38 PM
Hero Electric offers an Exchange Bonus Of ₹ 6000 to old two-Wheeler Owners to Switch To Electric Bikes

Leading two-wheeler manufacturer Hero Electric has announced a unique initiative for customers to switch from old petrol-powered two-wheelers to electric bikes. The company is offering flat ₹ 6000 over and above the market value of these old petrol two-wheelers that are either unsaleable or are at the end of their life cycle and moving to the scrap yard

Company said  that these vehicles manage to consume twice as much as petrol for the same distance than a BS4 compliant vehicle, which makes them heavy contributors to the pollution crisis across our cities. The company states that at least five crore very old and polluting petrol two-wheelers are currently plying on Indian roads.

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Electric bikes promise to be a lot more economical to run over their petrol counterpart and come with a three-year warranty on the bike and battery. Company claims  that this translates into savings of ₹ 70,000 on the fuel and maintenance by the customer for the said period. The emissions reduced by switching one such old bike is said to be equal to planting two full grown trees.

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The electric bike  is also reaching out to potential customers in over 20 cities across including Bengaluru, Hyderabad, Pune, Jaipur, Agra,  Rohtak, Chennai and Lucknow, by creating new touch points. 

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