- Hero Motocorp to increase the price of select models from 1 April 2023
- A hike of up to 2 percent will be done
- The brand will continue to offer good finance offers
Hero Motocorp plans to raise the price of a few of its models by up to 2% starting on April 1, 2023. Several models from the portfolio will see this price increase, although the brand hasn't yet said which ones. The new price increase will be implemented in order to bring automobiles into compliance with the upcoming OBD-2 regulations. All two-wheelers must be compatible with OBD, or On-Board Diagnostics, as of April 1.
Also Read: Hero Motocorp Join Hands With Zero Motorcycles For Premium E-Vehicle
Hero Motocorp Price Hike
The upcoming price increase will result from the engine's upgrade, since all two-wheelers must have an onboard diagnostics system in order to comply with the BS-6 phase 2 emission requirements. This requires that automobiles have sensors and technology that can identify problems with them and warn the owner. In addition to this, the vehicles need to comply with RDE compliance, which stands for real driving emissions. OBD-2 is designed to continuously check a vehicle's emission levels and notify the owner if they go above or below acceptable limits.
The models that will receive the hike will be announced soon by Hero Motocorp, and the specific hike amount varies on the location and the model. The company will also keep providing tempting financing options and discounts. Every other manufacturer is working to update its portfolio in preparation of the upcoming compliance, much as Hero Motocorp. We can expect hearing about the price increase from other two-wheeler manufacturers as well.
Hero Motocorp Recent Launch
Hero Motocorp has recently launched the 2023 Super Splendor Xtec model priced at Rs 83,368 (ex-showroom). The upgraded LED headlamp assembly with distinct low-beam and high-beam lighting is part of the Splendor Xtec's new front look for 2023. An LED DRL is located in the headlight assembly's centre. The motorcycle's headlight cowl and front visor have both been altered to give it a distinctive look. There is now a 5-inch TFT digital instrument cluster that shows trip metres, side stand warnings, low fuel warnings, SMS and phone notifications, and other information.
Also Read: 2023 Hero Super Splendor Xtec Launched At Rs 83,368 - Read Details
Verdict: Some customers may be turned off by the new price increase. Hero Motocorp sells 110cc and 125cc scooters in addition to 100cc, 125cc, 160cc, and 200cc motorcycles.
