Updated: May 29, 2019
Electric two wheeler manufacturer Hero Electric has announced that it will provide 6000 exchange bonus on selected Electric bikes when exchanged with old petrol vehicle, whether the vehicle is 15 year old also . Hero electric promised to provide exchange bonus with the market value of the scooter.
Hero claimed that there are more than 3 crore two wheeler that are in the unhealthy state and are not BS IV complaint which makes them more polluting.
Electric bikes promise to be lot more economical to run than petrol vehicles and electric vehicle comes with a 3 year warranty making it more cheap and economical than petrol vehicle.