New Launch18 Jun 2025, 04:41 pm
Hero MotoCorp to Introduce VIDA VX2 with Innovative Battery-as-a-Service Model
AI Summary
Hero MotoCorp, India's leading two-wheeler manufacturer, is set to introduce the VIDA VX2 with a pioneering subscription-based Battery-as-a-Service (BaaS) model starting July 1, 2025. This disruptive BaaS solution will significantly reduce the upfront ownership cost, making electric mobility more affordable and accessible. It will allow customers to finance the scooter chassis and battery separately, reducing significant upfront capital expenditure into manageable monthly payments. VIDA customers will be empowered with greater choice, improved cost efficiency, and access to VIDA’s growing robust pan India ecosystem.
Key Highlights
- Introduction of VIDA VX2 with Battery-as-a-Service model
- Flexible 'pay-as-you-go' ownership model
- Reduced upfront ownership cost
- Subscription-based battery financing
- Access to VIDA's growing pan India ecosystem