English 
Hero Electric has introduced special offers on the purchase of new high-speed lithium-ion electric scooters in India. Firstly, there is a flat cash discount of ₹ 3,000 on the high-speed lithium-ion range and if the new buyer purchases with a reference from an existing buyer, he or she further gets a discount of ₹ 2,000. Additionally, the person referring also gets an Amazon cash voucher of ₹ 1,000. All these offers are valid until August 31, 2020. Hero Electric introduced these offers on 15th August, which is Independence Day.
Also Read: Hero Electric Announces Subscription Based Financing Plans
(Hero Electric is offering discounts of up to ₹ 6,000 on purchase of new high-speed lithium-ion model)
Hero Electric has partnered with Autovert Technologies to offer Subscription based ownership for its models. Under the partnership, Autovert, a fintech start-up, will allow new customers of Hero Electric to opt for subscription-based plans for an all-inclusive price at the time of purchasing a new Hero Electric two-wheeler. The all-inclusive subscription plans will start for as low as ₹ 2,999 per month, and will allow Hero Electric customers to avail the electric two-wheeler, along with bundled services such as comprehensive insurance, service and maintenance, loyalty bonuses and upgrade options.
Also Read: Hero Electric Is Market Leader In High-Speed Electric Two-Wheeler Segment
(Hero Electric says it engaged over 40,000 customers between April-July 2020)
With total sales of 1,113 units and a market share of 36 per cent during the first four months of FY'21, Hero Electric is the market leader in the high-speed electric scooter segment in India. The total sales in this segment were of 3,088 units. In fact, Hero commands 45 per cent share in the low-speed electric two-wheeler category which means at present it is the overall leader in the total electric two-wheeler space as of now. The company says it engaged over 40,000 customers in the first four months of the new financial year.
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