e-cycle manufacturer Hero Lectro has announced that the brand will be hiking prices for the range of the products. The brand has revealed that the e-cycles are now dearer by close to 7.5 per cent to 12.8 per cent depending on the variant. The brand has increased the prices of the e-cycle due to the rising cost of input materials. The cost of freight has also led the company to increase its prices.
Hero Lectro boasts that the brand has the largest and widest range of e-cycle variants in its portfolio. Currently, the brand has a total of 14 variants to choose from including both geared and gearless e-cycles. The range of e-cycles has their presence across various segments like commuting, last-mile delivery as well as recreation. Hero also mentioned that its range of products conform to global standards and come with the superior quality compared to other products in the market.
E-Cycles Getting Increasingly Popular
Looking at the demand for electric vehicles in the country, e-cycles are also getting increasingly popular. More and more citizens are now preferring to commute using their personal vehicles as opposed to public transport due to the safety that personal mobility offers from Covid-19. The CoronaVirus significantly changed the way we travel. Also, the sharp rise in fuel cost has led commoners to use more electric and e-cycles in the country. People have also become much more health-conscious making cycling even more popular. e-cycles bridges a gap between the electric vehicle and a traditional bicycle.
The current portfolio of the Hero Lectro C series consists of 10 variants one of the popular choices amongst the customers. The e-cycle range starts at INR 28,999 and is available through Hero Lectro’s 600+ dealership network. In addition to this, the company is also expanding its network to more locations, making e-cycles available. This will make the e-cycle available in almost every corner of the country.
CredR offers customers genuine dealings ranging from second hand scooter to used sport bikes in the Indian market. CredR also strives to offer its customers an engaging customer-friendly service.
