India's largest two-wheeler company Hero MotoCorp has raised the prices of its bikes and scooters in India. Let us know that only last year the company had announced to increase the prices of its products. Apart from Hero, all other two-wheeler companies have also announced a price increase. Hero Highest Price Xtreme 160R has increased. The price of this bike has increased by about 1900 rupees. The price of the Xtreme 160R has now gone up to Rs 1,03,900 from Rs 1,02,000 previously. So let us tell you how much the price of Hero's bike and Scooty has increased and what is the new price. Rates of these bikes have increased by 1900 or 2000.

New scooter prices

                                  Talking about the range of scooters of Hero, Hero has increased the price of Pleasure Plus VX model the most. This scooty has become expensive by Rs 1000. The price of Pleasure Plus VX has now gone up to Rs 59,950 from Rs 58,950 previously.  

Why prices are increasing

Hero MotoCorp had announced before January 1 that it would increase the prices of its vehicles by up to Rs 1,500 to reduce their production costs. The company said in a statement that commodity costs across the spectrum, including steel, aluminum, plastics and precious metals, have steadily increased, due to which a decision has been taken to increase prices. 


 Hyundai will launch a new electric car this year

Demand for electric vehicles is growing rapidly around the world, with most automakers placing bets on electric vehicles. Now South Korea's leading vehicle manufacturer Hyundai is planning to launch an electric vehicle that will provide a high driving range this year.
                                                      Indeed, Hyundai Motor Group Chairman Euisun Chung has announced the company's plans and strategy this year, issuing a message to the company's employees worldwide on the occasion of the new year. Apart from this, he has also emphasized on the use of eco-friendly technology in future. Apart from this, he said, "We will launch our vehicles on the new electric global modular platform E-GMP." We plan to be the top tier global eco friendly brand in future.