Hero Electric reduces price of scooters due to increased govt incentives1 min read . Updated: 25 Jun 2021, 02:24 PM IST
- The automaker has slashed prices of its offerings in the range of 12% to 33% as a result of increased incentives via FAME scheme.
- Earlier this month, the Union government had announced a 50% increase in incentives for electric two-wheelers.
Hero Electric – an electric scooter manufacturer – on Friday announced a reduction in prices of its offerings in the range of 12% to 33% as a result of increased incentives by the government through the Faster Adoption and Manufacturing of Hybrid and Electric vehicle scheme.
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