Latest news with #VIDAVX2
Time of India
5 days ago
- Business
- Time of India
Stocks in news: Siemens Energy, Jio Financial, Hero MotoCorp, ESAF SFB, Abbott India
Markets traded lackluster and ended marginally in the red, extending the ongoing consolidation phase. In today's trade, shares of Siemens Energy , Jio Financial , Hero MotoCorp , ESAF SFB, Abbott India among others will be in focus due to various news developments. Siemens Energy Shares of Siemens Energy India will list on Thursday following the long-awaited demerger from parent Siemens. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like These Photos Captured the Exact Wrong Moment Read More Undo Jio Financial Jio Financial Services acquired over 7.9 crore equity shares worth Rs 104.54 crore of Jio Payments Bank (JPBL) from SBI following a Reserve Bank's nod on June 4. ESAF SFB ESAF Small Finance Bank has approved the sale of a pool of non-performing and technically written-off loans worth Rs 735.18 crore to an asset reconstruction company (ARC). Tata Elxsi Tata Elxsi partnered with Infineon to jointly develop application-ready EV solutions tailored for the Indian market. Live Events Abbott Abbott signed a agreement with MSD Pharmaceuticals to distribute MSD's Sitagliptin-based diabetes medicines in India. HDFC Bank HDFC Bank CEO Sashidhar Jagdishan moved Bombay High Court seeking quashing of FIR filed against him by Lilavati Trust. Zydus Lifesciences US FDA issued two observations for company's oncology injectable site situated at SEZ 1, near Matoda, Ahmedabad. Hero MotoCorp Hero MotoCorp to introduce VIDA VX2 with 'Battery-As-A-Service' model on July 1.
India Gazette
5 days ago
- Automotive
- India Gazette
Hero Motocorp introduces 'Battery-As-A-Service model EV ownership
New Delhi [India], June 18 (ANI): Hero Motocorp on Wednesday introduced the Battery-as-a-Service (BaaS) model for its VIDA VX2, which will help consumers reduce the upfront ownership cost, making electric mobility more affordable and accessible to a wider customer base. This 'pay-as-you-go' battery subscription is intended to make VIDA Electric Vehicle (EV) ownership more flexible and affordable. This BaaS model will be launched on July 1, 2025. This subscription model will allow, customers to have the option to finance the scooter chassis and battery separately, reducing significant upfront capital expenditure into manageable monthly payments. With the help of this BaaS model, VIDA customers will be get an option to improve cost efficiency. Additionally, they will also get access VIDA's pan India ecosystem which includes over 3,600 fast-charging stations and 500+ service points across 100+ cities. 'By removing conventional barriers and reimagining EV ownership and experience, VIDA aims to democratize electric mobility while offering unmatched convenience, flexibility, and peace of mind', the company said. According to Hero Motocorp, consumers can choose from flexible subscription plans tailored to their daily or monthly budget and usage, which will offer greater affordability, convenience, and peace of mind in EV ownership. Recently, VIDA launched the 'Charging Simple Hai' campaign during the ongoing IPL season in May. Showcasing its removable battery technology with the message 'Every plug point is a VIDA charging point', the campaign highlights the ease of charging VIDA's batteries using any standard 5-amp socket, making electric mobility truly convenient and accessible. VIDA, powered by Hero MotoCorp, continued to deliver growth with dispatches of 8361 units and 7161 VAHAN registrations for the VIDA V2 electric scooter range. VIDA achieved a Vahan market share of 7.2 per cent, indicating sustained progress. VIDA is set to electrify the market with a new product launch on July 1, 2025. (ANI)
Business Upturn
5 days ago
- Automotive
- Business Upturn
Hero MotoCorp to introduce VIDA VX2 with Battery-as-a-Service model from July 1
By Aditya Bhagchandani Published on June 18, 2025, 16:36 IST Hero MotoCorp has announced a major step in reshaping EV ownership with the launch of the VIDA VX2 electric two-wheeler under a new 'Battery-as-a-Service' (BaaS) model. Starting July 1, 2025, this subscription-based service will offer a flexible, pay-as-you-go battery plan, aimed at making electric mobility more accessible and affordable across India. The BaaS model will allow customers to finance the scooter chassis and the battery separately, significantly reducing upfront costs. Tailored subscription plans—based on daily or monthly usage—will give users the convenience of manageable payments and flexibility in ownership. The new approach aligns with Hero MotoCorp's broader vision of building a future-ready and inclusive EV ecosystem under its VIDA brand. With over 3,600 fast-charging stations and more than 500 service points in 100+ cities, VIDA is positioned to deliver convenience, cost-efficiency, and accessibility to a wider audience. Full details, including subscription pricing and plan specifics, will be revealed on July 1. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Time of India
11-06-2025
- Automotive
- Time of India
VIDA launches campaign ahead of VX2 electric scooter reveal
VIDA, the electric mobility brand backed by Hero MotoCorp , has launched a new campaign ahead of the release of its upcoming electric scooter , the VIDA VX2 . The campaign features actors Anil Kapoor and Ranbir Kapoor and centres around a generational conversation on mobility choices. The promotional film presents a discussion between the two actors, contrasting traditional petrol-powered scooters with newer electric models. Set within a family environment, the campaign uses the dynamic between the two characters to highlight differing views on reliability and innovation in transport. The concept has been developed by Creativeland Asia. A spokesperson from the agency said, 'You don't build desire by talking specs. You build it by stirring culture. And when two generations collide, something new is born. This campaign is that moment.' The campaign serves as a lead-up to the launch of the VIDA VX2, scheduled for 1 July 2025. VIDA stated that the scooter aims to offer a new approach to urban mobility with its design and performance. The new e-scooter is aimed at budget-conscious consumers and is likely to be priced around ₹65,000. The company plans to release two more teasers before the official unveiling.
