July 10, 2020

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Hero Electric Vehicles Pvt Ltd With Their Incentives By Government

Hero Electric Vehicles

Hero Electric Vehicles, Hero Electric is a pioneer and market leader in the Indian Electric Two-Wheeler industry from the past 10 years. They provide vehicles which give eco-friendly riding solutions. The brand hero is very popular in India since ages.

Hero Electric Vehicles Private Limited

It’s into the making of various Bicycles, Motorcycles, Healthcare, etc and became the most renowned & trusted name worldwide.

It launched its first e-scooter in India in 2007-2009. The complete range, Li-on technology vehicles from 2018-2019.

The company aims to make India greener and pollution free with their mission “No Emission.” It has crossed 500 plus dealership pan India and obtained SA-8000 certification. 

FAME II scheme, Incentives 

Under the FAME II scheme, which is going to start from 1st April the incentives provided by the government are listed hereunder for the HERO ELECTRIC VEHICLES PRIVATE LTD electric vehicles.

OPTIMA DX LI, OPTIMA DX LI, FLASH, PHOTON, HERO NYX, etc are some of the electric vehicles of Hero which comes under the FAME Incentives. 

S.No.Model NameVehicle TypeIncentive Amount
1MaxiTwo Wheeler7500
2ZionTwo Wheeler7500
3Optima PlusTwo Wheeler7500
4E SprintTwo Wheeler9400
5PhotonTwo Wheeler9400
6CruzTwo Wheeler7500
7Hero WaveTwo Wheeler7500
8Hero Wave DX - Extra MileTwo Wheeler7500
9OPTIMA DXTwo Wheeler7500
10NYXTwo Wheeler7500
11OPTIMA DX LITwo Wheeler17000
12Maxi LITwo Wheeler17000
13NYX-LITwo Wheeler17000
14OPTIMA BX LITwo Wheeler17000
15Cruz LITwo Wheeler17000
16PHOTON LITwo Wheeler22000
17FLASHTwo Wheeler7500
18FLASH LITwo Wheeler17000
19PHOTON 72 V.Two Wheeler9400
20OPTIMA PLUS LITwo Wheeler17000
21NYX E5Two Wheeler22000
22FLASH e5Two Wheeler22000
23OPTIMA HS 500Two Wheeler22000
24Optima e5Two Wheeler22000

According to FAME India, As on 27th March 2019,

Total Number of electric vehicles Sold-270178
Fuel saved in liters- 42984182
Fuel saving per day- 52557
CO2 reduction per day- 130269
CO2 reduction in Kg- 107258112
Total incentive amount- Rs.3207013400.00
Total number of incentives claimed-270020

By the above information, we can see how electric vehicles contributing in making the environment eco-friendly.

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About The Author

Mastered my Journalism and entered into writing for Electric vehicles sector. I am a regular writer and EV enthusiast. I love to write about electric vehicles, technology, startups, people, fashion and trends. My aim is to make India pollution-free by sharing knowledge through my writings.

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