New Delhi, Sep 26 (IANS): Two-wheeler manufacturer Hero MotoCorp on Monday launched its premium motorcycle Achiever 150 priced at Rs 62,800 for the disc variant and Rs 61,800(ex-showroom Delhi) for the drum variant.

"As the dominant market leader in both 100cc & 125cc segments in the domestic market, we are now looking at expanding our presence in the premium segment as well and the New Achiever 150 is a move in that direction," said Pawan Munjal, Chairman, Managing Director and Chief Executive Officer, Hero MotoCorp.

Currently, the two-wheeler manufacturer dominates the 100cc and 125cc segments -- with over 65 per cent and 55 per cent market share, respectively.

Achiever 150 comes with a new BS-IV compliant engine that also features the Hero patented i3S technology. It is powered by a BS-IV compliant 150cc TOD (Torque on Demand) engine. The air-cooled single cylinder, four-stroke engine produces a maximum power output of 13.6 PS (10 kW) at the rate of 8,000 rpm and maximum torque of 12.8 Nm at the rate of 5,000 rpm.

The new motorcycle is able to accelerate from 0-60 km per hour in only five seconds.

Besides, the bike features a new analog digital speedometer with side stand indicator, larger fuel tank and new seat profile and texture.

The company added that it has reached the unparalleled feat of producing 70-million two-wheelers, in the process becoming the only Indian two-wheeler manufacturer to achieve this milestone.

"The 70 million cumulative production is special because this has been possible due to our sustained leadership performance," Munjal said.