Why Is Hero Vida VX2 Flying Off Shelves Even at ₹45,000 Price Point?
Hero Vida VX2 orders surged after July launch, with price cut to ₹45,000 under BaaS. Learn specs, range, and why India is buying this affordable EV.
When Hero MotoCorp rolled out the Vida VX2 electric scooter on July 1, priced from ₹59,490 under Battery‑as‑a‑Service (BaaS), industry analysts saw potential. Then, just days later, Hero slashed prices to as low as ₹45,000 under the BaaS scheme—triggering one of the company’s strongest e‑scooter responses yet. The Vida brand recorded its highest monthly sales ever in July, dispatching over 11,200 units and achieving a 10 percent share of India’s electric two‑wheeler market. With two variants—the VX2 Go delivering 92 km range and a top speed of 70 km/h, and the VX2 Plus offering 142 km range at 80 km/h—this affordable EV is resonating with urban commuters. Its combination of removable batteries, fast charging, cloud connectivity, and a generous 33 liter storage capacity is winning over budget-conscious riders. Since launch, cumulative Vida sales have already surpassed full-year 2024 volumes, showing how competitive pricing combined with smart features can disrupt the EV segment.
Launch Disrupted by Aggressive Price Cut
Hero introduced the Vida VX2 on July 1, with the Go variant priced at ₹59,490 and the Plus at ₹64,990 under its innovative BaaS model. Within a week, the prices were slashed—bringing VX2 Go down to ₹45,000 and VX2 Plus to ₹58,000 under the BaaS plan. This move made VX2 the most affordable electric scooter in India by a large margin and drew massive consumer interest.
Sales Skyrocket as Results Speak for Themselves
The price reduction quickly translated into market success. Vida dispatched 11,226 units in July and saw 10,489 VAHAN registrations—its strongest month yet. That performance doubled the brand’s EV market share to over 10 percent, making July the brand’s best-ever month.
Variant Choices Match Real‑World Use Cases
The VX2 series comes in two configurations. The VX2 Go features a 2.2 kWh removable battery delivering 92 km range and a top speed of 70 km/h. The VX2 Plus steps up with a 3.4 kWh setup, offering 142 km of range and speeds up to 80 km/h. Both variants are powered by a 6‑kW motor and benefit from fast‑charge support and portable battery convenience.
Battery‑as‑a‑Service Makes EV Ownership Feasible
What sets Vidа VX2 apart is Hero’s BaaS model. Customers can opt to lease the battery instead of buying it outright—paying around ₹0.96 per kilometer. This dramatically lowers the scooter’s upfront cost and addresses one of EV’s biggest challenges: battery replacement and depreciation.
Feature Set That Punches Above Its Price
Even at sub‑₹60,000 pricing, VX2 is loaded with modern features. It includes LED projector headlamps, a 4.3‑inch display (TFT on Plus, LCD on Go), turn‑by‑turn navigation, remote immobilization, over‑the‑air firmware updates, and 33‑liter under‑seat storage. Alloy wheels and regenerative braking add to the practical design.
Ride Experience and Ergonomics Impress Urban Riders
First‑ride reviews highlight the scooter’s comfortable setup, well‑tuned suspension, and agile handling thanks to 12‑inch alloy wheels. Urban riders found the ride smooth over potholes and city roads, and ergonomics tailored well to daily usage.
Charging Versatility Adds Real‑World Convenience
The removable battery design allows charging at home like a smartphone. Fast charging can reach 80 percent in approximately 60 minutes using DC chargers across India’s public network, including Ather Grid sites.
Expansion of Charging & Service Network Builds Confidence
Hero has reinforced its Vida ecosystem with over 3,600 charging points and more than 500 service centers nationwide. Executive Chairman Pawan Munjal stated that the brand plans to build infrastructure that supports EV adoption across India—including tier‑2 cities.
Sales Growth Reflects Wider Market Shift Toward EVs
Hero recorded overall dispatches of 4.5 lakh two-wheelers in July—up 21 percent year-over-year—with Vida contributing strongly. EV registration surged by nearly 150 percent year-over-year for Hero Vida, reinforcing its impact on India’s e-mobility transition.
How Discount Moves Impact Competition at Lower Price Points
The steep price cuts positioned the VX2 far below its competitors like TVS and Ola. Starting under ₹45,000 with BaaS, VX2 made premium features accessible to lower-cost buyers, reshaping price expectations for India’s commuter EV segment.
Brand Momentum Reset: Vida Sales Surpass Year‑Earlier Totals
From January to July, Vida sold roughly 42,800 units, already surpassing its total sales for 2024. With continued momentum and festive season demand ahead, the brand could comfortably surpass 100,000 units by year-end.
Long‑Term Impact: Lowering EV Entry Barrier in India
Experts view VX2’s success as more than just sales growth—it can shift the affordability cap for EVs in India. With battery lease options and simplified purchase models, Hero may bring first-time EV buyers into the fold.
Disclaimer
This article is based entirely on factual reporting from acknowledged sources including Reuters, AutocarPro, BikeDekho, and Hero MotoCorp’s official announcements. It contains no speculative or promotional content. Myhospy.com is not responsible for consumer or purchasing decisions based on this information.
What's Your Reaction?






