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Hero Electric offers ₹ 6000 exchange bonus to old petrol bike owners

Leading two-wheeler manufacturer Hero Electric has announced a unique initiative for customers to switch from old petrol-powered two-wheelers to electric bikes. The company is offering flat ₹ 6000 over and above the market value of these old petrol two-wheelers that are either unsaleable or are at the end of their life cycle and moving to the scrap yard.

Company said that these vehicles manage to consume twice as much as petrol for the same distance than a BS4 compliant vehicle, which makes them heavy contributors to the pollution crisis across our cities. The company states that at least five crore very old and polluting petrol two-wheelers are currently plying on Indian roads.

Electric bikes promise to be a lot more economical to run over their petrol counterpart and come with a three-year warranty on the bike and battery. Company claims that this translates into savings of ₹ 70,000 on the fuel and maintenance by the customer for the said period. The emissions reduced by switching one such old bike is said to be equal to planting two full grown trees.

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