With India’s widest e-cycle portfolio the e-cycles brand of Hero Cycles Ltd., The Hero Lecrto on Monday claimed that five of its variants are eligible under the Delhi Government’s EV Policy. With this move, Hero Lectro becomes the brand to have the highest number of options eligible for subsidy under the Delhi EV Policy: four personal e-cycles and one cargo e-cycle.
All the eligible Hero Lectro variants will offer a price reduction of Rs 7,500 across models as the benefit of the inclusion of e-cycles in the Delhi EV Policy. And The cargo variant will also have a price reduction of Rs 15,000. The eligible e-cycle variants include Hero Lectro C6, Hero Lectro C8i, Hero Lectro F6i, and Hero Lectro C5, Which will be priced at Rs 27,499, Rs 32,499, Rs 47,499, and Rs 23,499, respectively. While the eligible cargo variant is Hero Lectro Winn will be available at Rs 34,999, making it the most cost-competitive electric commercial vehicle. Hero Lectro, the E-cycle brand of Hero Cycles, has the widest e-cycle portfolio in India’s organized market, spanning 14 variants across multiple utilities, including products with and without gears. Keeping the different user profiles in mind, Hero Lectro provides solutions for commuting, recreation, as well as last-mile delivery. Hero Lectro has introduced innovative design along with smart features in its e-Cycles. Riding a Hero Lectro e-cycle is pretty much like riding a bike, except there is no bulk, no unearthly fuel costs, and no carbon emissions.
Official statement
Aditya Munjal, Director, Hero Cycles commented, “We wholeheartedly welcome the decision of the Delhi Government to include E-Cycles as a part of its EV Policy in the national capital. The subsidy support will make E-Cycles more affordable and accessible to a larger segment of society.” “While most of the models that are covered under the subsidy are primarily used for commute, fitness, and micro-mobility needs, the price reduction in our cargo e-bike variant will make the Hero Lectro Winn the most cost-competitive, sustainable option in the hyperlocal delivery ecosystem. As a result of this, we expect to see a boost in economic activity and new sources of income being created.”