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      Top 10 Electric 2W Sales July 2022 – Hero Electric No 1, Ola 5th, Ather 8th

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      Hero Electric topped two wheeler sales charts while Ather was the only electric two wheeler maker to post a YoY de-growthOla Electric ScooterElectric 2W sales increased 231.06 percent YoY while it was also a 5.79 percent MoM growth. Sales in the past month stood at 44,259 units, up from 13,369 units sold in July 2022. This was a 30,890 unit volume growth. MoM sales on the other hand increased from 41,837 units sold in June 2022, a volume growth of 2,422 units. Each of the manufacturers on this list have posted a YoY growth with the exception of Ather. Ampere, Ola, Revolt and Ather posted lower MoM sales.Hero Electric was in a top spot on this list in July 2022. Sales stood at 8,786 units, a 108.05 percent YoY growth from 4,223 units sold in July 2021. The company commands a 19.85 percent share. Sales in June 2022 had stood at 6,504 units, relating to a 35.09 percent MoM de-growth while share percentage had been at 15.55 percent.Top 10 Electric 2W Sales July 2022Okinawa, at No. 2 had its electric two wheeler sales at 8,093 units in July 2022, up 213.68 percent, from 2,580 units sold in July 2021. This was a 5,513 unit volume growth with the company commanding an 18.29 percent share. Sales in June 2022 had stood at 6,944 units, a 16.55 percent MoM growth.Ampere at No. 3 saw its sales at 6,312 units in July 2022, up 860.73 percent from 657 units sold in July 2021. Share percent was at 14.26 in the past month down from 15.63 percent held in June 2022 when sales had been at 6,541 units, a 3.50 percent MoM de-growth. Ampere Electric has seen steady increase in sales and its retail sales in H1 2022 stood at 33,785 units.Top 10 Electric Two Wheelers July 2022 Vs July 2021 (YoY)Next in line was TVS Motor with electric two wheeler sales at 4,244 units in July 2022, up 554.94 percent from 648 units sold in July 2021. TVS Motor in June 2022 had sales of 1,946 units with a 118.09 percent MoM growth.Ola, Bajaj, Revolt, AtherOla Electric had two wheeler sales at 3,802 units in July 2022 with an 8.70 percent share. This was a MoM de-growth of 34.56 percent when compared to 5,886 units sold in June 2022 when share percentage was at 14.07. Ola gears up for launch of Move OS 3 update for the S1 Pro electric scooter which is scheduled to be launched by the Diwali season. It will include a host of hi-tech features, such as hill hold control, hyper charging, proximity unlock, etc.Bajaj Auto electric two wheeler sales increased YoY and MoM to 2,418 units in July 2022. It was a 232.14 percent YoY growth and a 34.48 percent MoM growth from 728 units sold in July 2021 and 1,798 units sold in June 2022. YoY growth was also reported by Revolt with sales of 2,316 units in the past month, up 630.60 percent over 317 units sold in July 2021. MoM sales however, dipped 4.46 percent from 2,424 units sold in June 2022.Top 10 Electric Two Wheelers July 2022 Vs June 2022 (MoM)Ather has seen YoY and MoM de-growth of 28.90 percent and 66.60 percent respectively. Sales which had been at 1,799 units in July 2021 dipped to 1,279 units in July 2022. In June the company had sold 3,829 units. Ather recently launched the Gen 3 450X electric scooter and one of its key rivals is the TVS iQube which was also updated this year.Benling and Okaya have both seen YoY and MoM growth with 1,166 units and 5,793 units sold in July 2022. Okaya is emerging as a leading electric two wheeler maker posting a 198.99 percent YoY growth and 15.72 percent MoM growth from 5,006 units sold in June 2022. More

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      Royal Enfield Hunter 350 Specs, Colours – 114 Kmph Top Speed

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      Royal Enfield Hunter 350 was recently revealed by Sidhartha Lal, CEO and MD of Eicher MotorsNew Royal Enfield Hunter 350Royal Enfield motorcycles are fueled more by nostalgia than petrol. We say this because we also have other retro classic motorcycles in 350cc spectrum itself. But they have never made a dent like Royal Enfield motorcycles have. For example, we have Honda H’ness CB350 which sold 3,308 units in May 2022 while in the same month, Classic 350 sold 29,959 units.Even when we look at 500cc+ motorcycles sales charts, that whole segment is mostly driven by Royal Enfield 650 twins with 84.72% market share in June 2022. While every other big bike combined in India only accounts for just 15%. Such is the power of nostalgia Royal Enfield evokes. Now the British brand is making that nostalgia a little more accessible with the launch of Hunter 350.Royal Enfield Hunter 350 – SpecsHunter 350 will sit at the bottom of Royal Enfield’s portfolio in terms of pricing and also, weight. Hunter 350 is a modern interpretation of a retro bike and all design elements and finishes reflect just that. It gets all the retro bike credentials like round headlights, round taillights, round mirrors, fork gaiters, offset speedo like TVS Ronin, curvy and swoopy fuel tank and more.Adding modern vibes is a blacked-out finish at the engine bay and wheels. Fuel tank and side body panels get contrasting colours though which complement the blacked-out engine bay beautifully. But personally, I’m not too hot for its large ‘Royal’ branding on one side and ‘Enfield’ branding on the other side of the 13-litre fuel tank.Royal Enfield Hunter 350 SpecsBut fret not. This style is specific to one of Metro variant’s colour schemes. We say this because we have spotted another Metro variant that has a chick white fuel tank with not-too-shouty graphics. Royal Enfield is clearly going towards ‘urban roadster’ kinda appeal, but with a set of block pattern tyres, it can also come off as a scrambler-style bike too.Siddhartha Lal recently revealed a sneak peek at Metro variants which had a tripper screen. This will be offered as an option, though. We haven’t yet seen a Retro variant to understand how stripped-down it would look when compared to Metro. Both variants will be revealed at launch on 7th August.Features & PricingRetro gets spoked wheels, drum brake at the back, single-channel ABS, older switchgear, basic speedo, halogen taillights and oval-shaped turn indicators. Both variants get 17” wheels, but Metro will get fatter rubber. Retro weighs 177 kg, while Metro weighs 181 kg and gets alloy wheels, disc brakes (300 mm / 270 mm), dual-channel ABS, LED tail lamp, round turn indicators and a modern switch gear from Meteor. Both get around 150 mm of ground clearance and a friendly 800 mm seat height too.Royal Enfield Hunter 350 SpecsBoth Retro and Metro get 41mm telescopic forks up front and twin shockers at the rear. Retro gets Factory Black and Factory Silver colour options. Metro gets Dapper White and Dapper Ash. And Dapper Grey is exclusive to MIY personalization platform. Royal Enfield Hunter 350 also gets the Metro Rebel variant with Rebel Black, Rebel Blue and Rebel Red (MIY) colour schemes.Royal Enfield Hunter 350 ColoursBoth Retro and Metro get the same J-series 349cc engine making 20.2 bhp and 27 Nm and is mated to a 5-speed gearbox with 114 km/h top speed and 36.2 km/l fuel efficiency. In terms of pricing, it is likely to hit the Rs. 1.3 to 1.5 lakh bracket which would make it the most accessible Royal Enfield in terms of price and weight. When launched, it will compete with TVS Ronin, Jawa 42, upcoming Bajaj-Triumph bike and Honda CB350 which is expected to get a Brigade variant soon. More

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      Yamaha Prices August 2022 Increased – FZ, R15, MT15, Fascino, RayZR

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      Even though Yamaha price hike has affected all models, FZ 25 got the most increment of Rs. 2,300Yamaha R15Yamaha has been doing really good in India lately. In June 2022, every single one of its offerings registered a positive growth with 111.89% YoY growth in total. This is in domestic sales, though. And not exports where only a few offerings registered positive growth.Keeping it to India, Yamaha recently gave us enthusiasts, very good news. The Japanese brand has confirmed that it will bring back the iconic and instantly recognizable RX100 moniker. This way, Yamaha has played strings of enthusiasts’ hearts. But we also have not-so-good news from the same company. Which is in the form of a price hike for August 2022.Yamaha Prices August 2022 – MotorcyclesYamaha has announced a price hike for August 2022. This price hike affects all models. But not every model gets the same increment. It varies from model to model and within models, variants too. Let’s go through these new developments.The price hike affects both motorcycles and scooters. Right off the bat, Yamaha FZ 25 gets the most price hike. It amounts to Rs. 2,300 for both FZ 25 and FZS 25 with a 1.59% and 1.54% increment over the previous pricing. Now, FZ 25 prices start from Rs. 1,46,900. All variants of FZ like FZ S and FZ S Deluxe get the same Rs. 1,000 increment with 0.89%, 0.83% and 0.81% increment over previous pricing respectively. Now, FZ prices start from Rs. 1,13,700.Yamaha Motorcycle Prices Aug 2022Second highest price hike is split between FZ X, MT 15 and R15 V4. When we say MT 15, all the colour variants get the same increment. Also, all the variants of R15 V4 like Metallic Red, Dark Knight, Racing Blue and even R15 M and World Grand Prix 60th Edition also get the same price hike. That amounts to Rs. 1,500.Last motorcycle on this list, R15 S gets a Rs. 1,000 price increment with just 0.62% increment which is second lowest in this entire list. MT 15 prices now start from Rs. 1,63,400 and R 15 V4 from Rs. 1,78,900.Yamaha Prices August 2022 – ScootersJust like motorcycles, Yamaha scooters also get a price hike for the month of August 2022. It is to be noted that drum brake variants of both Yamaha’s scooters, Fascino and Ray ZR do not get any sort of price hikes at all. Thus, it is likely that this new price hike with respect to rising input costs, seems to be primarily related to braking hardware and especially disc brakes. Apart from just braking hardware, other components will also have contributed, though.Yamaha Scooter Prices Aug 2022Interestingly, the most expensive scooter from Yamaha in India, Aerox 155 maxi-scooter, is the one that gets the least price hike of just Rs. 500. This amounts to just 0.36% increment. Completing the list of Yamaha’s price hike, we have the Fascino and Ray ZR 125cc scooters that received Rs. 1,400 price hikes each. This amounts to just around 1.65% increment over outgoing prices.Disc variants of Fascino now start from Rs. 85,030 and Ray ZR from Rs. 85,330. Manufacturers try to absorb most of the rising input costs and very little will be ported over to the customers to bear. Same goes with Yamaha too and this price hike is mostly comparable to the hike we saw in June 2022. All price hikes mentioned in the post are ex-sh, Delhi.  More

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      Two Wheeler Sales July 2022 – Hero, Honda, TVS, Bajaj, Suzuki, Royal Enfield

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      Total two wheeler sales, among 6 leading manufactures in India, have seen an increase in domestic markets while exports dipped YoY and MoMRoyal Enfield 350cc Custom By EimorTwo wheeler sales in India have ended on a positive note in July 2022. All major manufacturers showed off a year-on-year (YoY) and month-on-month (MoM) growth in sales. Exports, on the other hand, stood in the red. It was Hero MotoCorp that dominated the domestic sale list while Bajaj Auto led in terms of exportsTaking leading 6 major two wheeler makers into account, sales in domestic markets stood at 13,07,132 units in July 2022. This was an 8.87 percent YoY growth over 12,00,621 units sold in July 2021 relating to a 1,06,511 unit volume growth. MoM sales were up 5.40 percent over 12,40,137 units sold in June 2022.Two Wheeler Sales July 2022Hero MotoCorp commanded the domestic sales list with 4,30,684 units sold in the past month, up 034 percent compared to 4,29,208 units sold in July 2021 with a 32.95 percent share. MoM sales dipped 7.02 percent as against 4,63,201 units sold in June 2022. Best sellers include the Splendor, Passion, Glamour, Deluxe, Pleasure and Maestro. The company has also expanded its lineup with the new Super Splendor 125 Canvas Black Edition in 2 variants to bring in added sales.Next in line was Honda 2W with sales of 4,02,701 units, up 18.40 percent from 3,40,133 units sold in July 2021. It was also a MoM growth of 13.26 percent over 3,56,560 units sold in June 2022. Share percent increased from 28.67 percent held in June 2022 to 30.81 percent in the past month. Honda Dio Sports Limited Edition has just been launched in two colour schemes with a starting price of Rs. 68,317.Two Wheeler Sales July 2022TVS Motor has reported a YoY and MoM growth in domestic sales to 2,01,842 units in July 2022. This was a 26,773 unit volume growth from 1,75,169 units sold in July 2021 while in June 2022, the company recorded domestic sales at 1,93,090 units. Bajaj Auto (1,64,384 units) and Suzuki (60,589 units) each posted YoY and MoM growth in July 2022 while Royal Enfield saw an 18.42 percent YoY growth to 46,529 units in July 2022 but sales dipped MoM by 7.43 percent from 50,265 units sold in June 2022.Two Wheeler Exports July 2022Export of two wheelers, which stood at 3,28,588 units in July 2022 dipped 6.04 percent YoY and 10.64 percent MoM. It was Bajaj Auto that headed this list with 1,50,670 units shipped in July 2022, down 13.58 percent from 1,74,337 units sold in July 2021. It was also a MoM de-growth of 21.06 percent from 1,90,865 units shipped in June 2022.Bajaj Auto was the only two wheeler maker to record exports above the 1 lakh unit mark. TVS exports increased 11.60 percent YoY to 97,716 units while MoM exports fell 2.89 percent from 1,00,625 units sold in June 2022.Two Wheeler Exports July 2022Exports of Honda fell 9.82 percent YoY but grew by 44.56 percent MoM to 40,942 units in July 2022. It was followed by Hero MotoCorp with YoY and MoM de-growth at 14,896 units from 25,190 units sold in July 2021 and 21,657 units sold in June 2022. Suzuki and Royal Enfield exports were at 15,338 units and 9,026 units in July 2022 respectively.Total Two Wheeler Sales July 2022Taking total two wheeler sales (domestic and exports) into account, it was a YoY and MoM growth. Sales stood at 16,35,720 units in July 2022, up 5.51 percent over 15,50,349 units sold in July 2021. It was also a growth of 1.73 percent when compared to 16,07,837 units sold in June 2022.Two Wheeler Total July 2022Hero MotoCorp topped the list despite a YoY de-growth. Sales stood at 4,45,580 units, down 1.94 percent from 4,54,398 units sold in July 2021. It was also an 8.10 percent MoM de-growth from 4,84,867 units sold in June 2022. Honda two wheeler sales ended with YoY and MoM growth of 15.07 percent and 15.57 percent respectively with 4,43,643 units sold in the past month.Bajaj total sales were at 3,15,054 units in July 2022, relating to a YoY de-growth of 4.69 percent while MoM sales dipped 0.28 percent. TVS (2,99,658 units) in July 2022 saw a YoY and MoM growth in total sales while Suzuki sales were at 76,230 units and Royal Enfield sold 55,555 units in the past month. More

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      New TVS Scooter Patent Leaks – Powered By Hydrogen

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      TVS is the first mainstream two wheeler manufacturer to implement Hydrogen powertrain on a scooter prototypeImage for representation purpose onlyTVS Motor sold 2,99,658 units in July 2022 constituting both domestic and export sales with a steady 14.06% growth YoY. TVS was in the spotlight recently because of the launch of their new motorcycle Ronin. They are back in the news, this time for a patent leak.TVS is developing a new prototype scooter that is powered by hydrogen. You might have heard of hydrogen fuel-cell-powered cars like Toyota Mirai. Or other hydrogen-powered concept vehicles like Suzuki Crosscage and Honda’s unnamed prototype. This is probably the first time a mainstream two wheeler brand is trying something like this.Yamaha, along with Toyota has designed a 100% hydrogen-powered V8 engine. But the concept of hydrogen fuel-cell on a modest scooter and aimed at masses, was unheard of. But TVS is implementing it on the iQube scooter with easy assembly and maintenance in mind. As good as EVs are, charging time is still a fly in the ointment. Hence, manufacturers have been slowly experimenting with substitutes. Honda is even working on flex-fuel technology too for budget vehicles.TVS iQube HydrogenIn the patent drawings of TVS iQube hydrogen, we can see the basic layout of the entire powertrain, except for the motor. We can see an electric battery at the floorboard which suggests that TVS might be considering hydrogen fuel cells as a range extender to an already existing EV platform.TVS iQube HydrogenSpeaking of hydrogen, we can see two canisters holding this compressed gas at the front, held in place by the front downtube. Fuel cells are housed under the seat, where a battery would be in a conventional EV. We can also see other components required to regulate gaseous fuel like pressure regulator, flow-meter and shut-off valve, all taking their respective place near swingarm.Hydrogen fuel cells are the party piece of this powertrain. It generates electricity when hydrogen is pumped into Anode and gets split by reacting with the catalyst to form electrons and protons. These electrons flow towards Cathode by completing the electrical circuit. Hence creating electric current to power the motor, and propel the vehicle. It doesn’t end there. At cathode, hydrogen and oxygen combine to form the by-product, water.Implications Of Hydrogen In IndiaHydrogen fuel cells promise zero carbon footprint like EVs. But negate the charging time and infrastructure that is currently plaguing EVs. Normal hydro-carbon fuel stations and existing fuel transportation systems can be readily used or slightly modified to accommodate hydrogen fuel supply and workflow. Looking at the upsides, most countries are considering hydrogen to be better than EVs.But it is not all sunshine, though. Right now, hydrogen is vastly created by splitting water molecules with very high energy inputs. We are wasting a lot of electricity to make hydrogen and then we are using it to generate significantly less electricity to run the vehicle. The secondary losses are a lot more which EVs are not associated with. And coming to the “green” part, electricity to split water molecules comes from coal mostly and hydrogen is distributed by transportation burning diesel fuel. Hydrogen has potential, but we have to find an economical and renewable way to produce it and supply it.Source More

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      Royal Enfield Hunter 350 Revealed By Siddhartha Lal

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      A roadster, Hunter 350 has a sleek profile in comparison to other 350cc Royal Enfield bikes like Classic, Meteor and BulletRoyal Enfield Hunter 350 Revealed By Siddhartha LalAs part of its long-term plan to introduce an average of four products every year, Royal Enfield will soon launch Hunter 350. The bike will be borrowing most of the key components like engine, chassis, suspension and braking apparatus from Meteor 350. However, Hunter 350 has unique design and styling in line with its positioning as an urban roadster.There will be two variants on offer, Hunter Retro and Hunter Metro. The difference between the two variants encompasses colour options as well as equipment list. While Hunter Retro will target users with limited budget, Hunter Metro is for folks who want access to all the available advanced features.Hunter 350 featuresWhile it looks different in relation to Royal Enfield’s standard design philosophy, Hunter 350 continues with the signature retro bits such as round headlamp, rear view mirrors and tail lamp. Fuel tank has a sharp profile with dedicated indentations for comfortably accommodating the knees. Other key features include sporty graphics, single-piece saddle and compact exhaust. It will be interesting to see the aural experience this bike has to offer.Users can expect a comfortable riding stance with centrally placed footpegs and ergonomically positioned handlebar. With its compact proportions, Hunter 350 will allow improved handling across city streets. For reference, Hunter 350 is 85 mm shorter in length and has 30 mm less wheelbase in comparison to Meteor 350. Hunter 350 has seat height of 800 mm and ground clearance of 150 mm. Fuel tank capacity is 13 litres.New Royal Enfield Hunter 350 revealed by @sidlal pic.twitter.com/7hCI15DodE— RushLane (@rushlane) August 4, 2022Hunter 350 variantsTalking about variant-wise features, entry-level Hunter Retro model has wire-spoke wheels, disc-drum brake combo, single-channel ABS, old Classic-type handle switch, basic instrument cluster, halogen tail lamp and oval-shaped turn signals. While both Retro and Metro variants will have 17-inch wheels at both ends, Retro variant will have 100/80 front and 120/80 rear tyre. In comparison, Metro variant will have 110/70 and 140/70 tyres.Hunter Retro variant weighs 177 kg, as compared to 181 kg of Metro variant. Retro will not get main stand. It will have two colour options of Factory Black and Factory Silver. In comparison, Hunter Metro variant has colour options of Dapper White and Dapper Ash. A third colour option of Dapper Grey will be offered via RE’s MIY personalization platform. A Metro Rebel version will also be available, which will get colour options of Rebel Black, Rebel Blue and Rebel Red (MIY).Hunter 350 Metro variant will have alloy wheels, disc brakes (300 mm / 270 mm), dual-channel ABS, LED tail lamp, round turn indicators and Meteor-type handle switch and instrument cluster. It has now been revealed by Siddhartha Lal, CEO and MD of Eicher Motors, the parent company of Royal Enfield.Royal Enfield is expected to launch Hunter 350 at an introductory price of around Rs 1.5 lakh to Rs 1.7 lakh. This makes Hunter the most affordable 350cc bike in the country. It will primary rival recently launched TVS Ronin. More

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      Honda 2W sales July 2022 – Activa, CB Shine, CB350, Grazia, Hornet

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      Honda Two Wheeler sales increased 15.07 percent YoY and 15.57 percent on MoM basis in July 2022Honda Activa No 1 Scooter Of IndiaHonda Motorcycle and Scooter India gears up to launch a new two wheeler in the country on 8th August 2022 and teasers have been released. This upcoming launch could be the Forza maxi-scooter. HMSI is also planning to launch the new Honda CRF300L which has also been spied at a company dealership.Honda 2W Sales July 2022HMSI has released their sales numbers for July 2022. Sales stood at 443,643 units in July 2022. This was a YoY growth of 15.07 percent as against 3,85,533 units sold in July 2021 relating to a 58,110 unit volume growth. MoM sales saw an increase of 15.57 percent from 3,83,882 units sold in June 2022.In July 2022, the company posted positive growth in domestic markets with an 18.40 percent increase to 4,02,710 units, up from 3,40,133 units sold in July 2021. This was a 62,568 unit volume growth with a 90.77 percent share.MoM growth was at 13.26 percent from 3,55,560 units sold in June 2022. Honda’s domestic sales are marked by the Activa scooter that has always stood at the top of domestic sales charts. Top sellers for Honda continue to be the likes of Activa, CB Shine, Dio, Grazia, Hornet, CB350, Livo, Dream, etc.Honda Two Wheeler Sales July 2022Honda 2W Exports July 2022Exports on the other hand dipped 9.82 percent to 40,942 units in July 2022 from 45,400 units sold in July 2021 relating to a 4,458 unit volume de-growth and a 9.23 percent share. MoM exports grew by 44.56 percent from 28,322 units shipped in June 2022. This was a 12,620 unit volume growth with 7.38 percent share.In July 2022, the company also expanded its export markets with the 125cc motorcycle SP125 shipped to Australia and New Zealand. HMSI has also expanded its dealership networks. Added Honda BigWing dealerships have been inaugurated in Warangal (Telangana), Madurai (Tamil Nadu), Thodupuzha (Kerala) and Malappuram (Kerala).The two wheeler maker also conducted a road safety awareness program along with the Rajasthan Police for the newly recruited police officials in Rajasthan. Awareness campaigns were also conducted at Varanasi (Uttar Pradesh), Etawah (Uttar Pradesh), Bhiwadi (Rajasthan), Arakkonam (Tamil Nadu), Bongaigaon (Assam) and Ambala (Haryana) while HMSI celebrated 6th anniversary of Children’s Traffic Training Park in Ludhiana (Punjab).Coming back to the upcoming launch of Honda Forza scooter, it is expected to be launched at around Rs 3.5 lakh (ex-showroom), this making it significantly cheaper than its rival BMW C 400GT which comes in at Rs 10.40 lakh (ex-showroom). It is slated to be powered by a 330cc, single cylinder, liquid cooled engine offering 28.8 hp power and 31.5 Nm torque with dual channel ABS. Suspension will be via telescopic fork at front and twin shock absorbers at the rear and braking via front and rear disc brakes. More

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      Hero MotoCorp Two Wheeler Exchange Platform Goes Phygital

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      Hero MotoCorp Wheels of Trust used two-wheeler platform to benefit form phygital operationsHero SplendorThe Indian Two Wheeler market is larger than life. With lakhs of new vehicles sold each month, data for the used 2W market isn’t as comprehensive. This is largely because the used 2 Wheeler market benefits from personal involvement. Such sales are transacted on multiple online platforms, by word of mouth and even by neighbourhood mechanics. As such, while the market is large, exact numbers are not always readily available.However, with manufacturers involved in the process, the system benefits. Hero MotoCorp Wheels of Trust has now been transformed to a phygital avatar that harnesses strengths from flexibility.Exchange multi-brand two-wheelersThe integrated omni-channel (digital and on-ground) exchange ecosystem is designed to go from strength to strength. In essence, it is a one-stop solution to exchange multi-brand two-wheelers at the best resale value. An online platform lets prospective customers avail of Wheels of Trust DIY (do-it-yourself) valuation.This offers timely and transparent indicative resale value. The expansive network and its trusted channel partners assist with ‘professional certification, spot-bidding for best market offers, quick deal and hassle-free exchange’.Hero dealership. File photo.Used bike value propositionConsidering the expansive size of the Indian 2 Wheeler industry, it’s not difficult to guess the potential of the used market. And while newer bikes continue to benefit from tech advances, the marketplace is filled to the brim with used bikes.Being a competitive marketplace, buyers and sellers are on the lookout for a strong value proposition. With an endless choice of personal mobility solutions on offer, there’s something for everyone. Those using the Wheels of Trust platform can scan a QR Code for a convenient experience. Most importantly, tie is essential, and things could get moving instantaneously.Over 5 lakh Hero MotoCorp Wheels of Trust customersRanjivjit Singh, Chief Growth Officer, Hero MotoCorp said, “Wheels of Trust’, the two-wheeler resale platform from Hero MotoCorp has served more than 5 Lac+ happy customers with complete trust, transparency and peace of mind. Now in the phygital avatar, customers can discover the best resale value of any two-wheeler from the comfort and convenience of their homes. The pre-owned segment is evolving each day, and we are happy to provide an ecosystem that enables owners of old two-wheelers to have a hassle free upgrade.”As with all things, a digital presence makes for transparent dealings, and offers buyers and sellers all the data required to make an informed choice. And such decisions in quick time also help smoothen the transition into buying your next two-wheeler. As is the norm, a large number of folks go from one vehicle to another and use the exchange amount towards funding the next purchase. And doing so in an organised manner is beneficial to the used two-wheeler ecosystem. More