Tag - Hero electric scooter launch

Key highlights Vida VX2 to launch with a first-in-segment Battery-as-a-Service (BaaS) model. Subscription-based battery plan aims to make EV ownership more affordable. Full details, including pricing and plan options, will be revealed on July 1, 2025. Hero MotoCorp is changing the way we think about electric two-wheelers. The company has announced that the upcoming Vida VX2 will feature a pioneering Battery-as-a-Service (BaaS) model, making EV ownership more accessible, flexible, and future-ready. The BaaS system, a first for mainstream electric scooters in India, lets customers finance the scooter chassis and battery separately. This ‘pay-as-you-go’ system kicks off from July 1, 2025, with full plan details expected soon. But the core idea is simple: reduce the upfront cost and let riders subscribe to the battery, just like a mobile plan. How does Battery-as-a-Service work? Under the BaaS model, customers won’t need to pay for the battery outright, which usually makes up a major chunk of an EV’s cost. Instead, they can opt for flexible monthly subscriptions, tailored to suit their riding habits and budgets. Whether you're a daily office commuter or a weekend explorer, there’s likely a plan for you. Hero’s Vida division already supports this shift with a robust network: 3,600+ fast-charging stations and over 500 service points spread across more than 100 cities. That means battery-swapping and service support won’t just be limited to big cities. The strategy also allows Hero to tackle two major challenges in the EV space: affordability and charging infrastructure. And with the VX2 likely to be positioned as an urban runabout, this new business model could attract first-time EV buyers as well as those looking to upgrade from ICE scooters. What do we know about the VX2 so far? While official specs for the VX2 are still under wraps, it’s expected to offer compact urban styling, easy handling, and a tech-forward feature set similar to its elder sibling, the Vida V1. Expect features like LED lighting, smartphone connectivity, and possibly swappable batteries. Its main rivals will be the likes of the Ola S1X+, TVS iQube, and Ather 450S, all of which offer full ownership models. That’s where the VX2’s BaaS play will stand out — not just in affordability, but also in long-term flexibility. Also read: TVS iQube crosses 3 lakh sales in under a year, new benchmark