Hero Electric Partners With Bykemania To Offer Last Mile Connectivity

Hero Electric has announced its partnership with Bangalore-based Electric mobility rental start-up Bykemania. To keep up with the growing demand, Bykemania has developed a wealth creation model called VOLARIS through which even small ticket investors will be able to own and lease EVs to Bykemania on a revenue share basis.

Hero will deliver 5,000 Nyx-HX to Bykemania for its VOLARIS program which has garnered high interest from wealth advisors. Hero electric’s two-wheelers ensure low running cost, high load carrying capability, intercity range, and various other customisable features for its clients. Making it the best available electric mobility solution ecosystem through a comprehensive leasing solution, the bikes will be serviced end-to end through Hero Electric’s robust service model with at least 90% uptime through the life of the vehicle.

The Bangalore-based startup, Bykemania with a registered customer base of 500,000+ has generated more than 100,000 subscriptions so far through its consumer app and operates across Bangalore, Delhi, Bhubaneshwar & Kolkata. Rapidly increasing fuel prices and alarming pollution rates have left the Indian commuter helpless. Electric Vehicles have therefore become the need of the hour. Addressing this consumer pain-point at scale is Bykemania, a two-wheeler bike rental startup that caters to the modern mobility needs of the new-age eco-conscious consumers and businesses. Through this collaboration, Hero & Bykemania now moves a step ahead in its endeavour of making the country greener and to be the best in ‘Zero Pollution’ transportation in the country that is supported by their Mission “No Emission”.

Speaking on the partnership, Sohinder Gill, CEO, Hero Electric said, “Over the last few years, intracity transportation has become crucial as doorstep deliveries have increased manifold. The lower total cost of ownership and operating costs have made EVs more attractive for the intra-city cargo segment. Bykemania has created a unique tech enabled platform with strong track record for leasing two-wheeler vehicles. This makes it a win-win situation in last mile connectivity, which is the main motivation behind the tie up with Bykemania. At Hero, we strive to provide complete solutions to a B2B customer ensuring 90% plus uptime, through our 700 plus sales touchpoints. We will thus be able to offer longer rides and a lower cost of ownership while delivering powerful, rugged vehicles to cater to modern consumers inclined towards rental services offered by Bykemania.”

Adding to this, Subham Krishna, Founder, Bykemania said, “Our biggest challenge was to identify the right product that can withstand the road, environmental, and usage conditions without compromising on key performance metrics. Our partnership with Hero Electric is a massive step forward in this direction, as our users now have access to high quality yet affordable two-wheelers, tailor-made to manage the range, durability, and payload expectations. We have seen triple digit demand growth in our EV segment and our partnership with Hero electric will enable us to service massive demand from business’ and end consumers”

Bykemania on the occasion of the handover of these bikes from Hero Electric, also organised a Freedom ride to highlight the vision of freedom from pollution and transformation to EVs in Bengaluru.