Priced
at Rs 40,000, the bike is highly affordable as compared to ICE 2wheelers or any
other electric vehicles in the market. With negligible maintenance requirement
and near zero fuel costs, the vehicle also allows significant cost savings over
the course of its use. A pedal assist feature further allows users to overcome
motor power deficiency in select situations and drive without any range anxiety
that is commonly associated with other EVs.
As
compared to motorcycles on which a bulk of deliveries currently happen, a light
engineered e cycle with specially crafted storage and payload capacity offers a
highly cost-effective solution by significantly lowering the cost per litre of
goods storage space.
Leading
e commerce players, FMCG companies and logistics service providers including
Amazon, Xpress Bees, DS Group and DOT are already conducting advanced
feasibility studies and are likely to adopt the product to achieve greater
optimisation of resources.
“Hero
Lectro Winn E Cycle holds huge potential for enhancing incomes and unlocking
profitability by increasing per day shipment capacity and achieving cost
optimisation which comes from enhanced productivity offered by our solution,”
said Aditya Munjal, Director, Hero Cycles and CEO, Hero Lectro.
A
switch to a cargo e cycle therefore implies considerable savings in operational
costs along with greater resource optimisation.
For
delivery agents who currently deliver average 40 shipments a day, a purpose
built cargo vehicle can enable to take this number to up to 70 to 75, leading
to greater productivity and enhanced income. At the same time with its greater
storage space, it improves both convenience and safety by eliminating the need
for delivery agents to carry heavily loaded backpacks while riding.
In
addition to e commerce platforms, Hero Lectro is also in advanced talks with
leasing companies to make Hero Lectro Winn accessible to delivery agents on
affordable lease rents.