Hero electric ludhiana based manufacturer of electric scooter increased its electric scooter price twice this year. As we talked with some dealers they said hero electric price increase is a normal process which happens every year two times.
We have seen sudden increase demand of electric vehicle after center govt increase its subsidy by double. Many state govt also providing subsidy on electric vehicle.
Hero electric model optima HS 500 ER which is known as Optima HX dual battery by consumers, price is increased by INR 11,100. However we have to see if there will be any new feature or significant improvements. Prices of all other models also increased.
There is a high demand of this scooter but increase of price we still don’t understand. This step may lower the demand of this scooter, and people may be move to OLA and ather or other companies vehicle.