Hero Electric slashes prices for popular models by up to 33 pc
Electric two-wheeler maker, Hero Electric on Friday said it has slashed prices for its popular models by up to 33 per cent following enhanced subsidies under FAME II scheme. In response to the amendments to the Faster Adoption and Manufacturing of Electric Vehicles (FAME II) policy in India, the company said it is passing on the cost benefit to customers.
The decrease in prices ranges from 12 per cent for single battery variants to 33 per cent for the triple battery Nyx HX model, Hero Electric said in a statement.
