Do you need it for you daily commute too or to exercise? Pick a product that can be used for various purposes
Given its reliable and small-capacity engine, Hero's Passion has earned a reputation for being a workhorse in the Indian countryside and small towns alike
India's Hero Motors Company (HMC) Group has said that Hero Cycles has successfully delivered its first batch of Made in India e-bikes to Europe.
Hero Cycles chief says growth in India is limited, wants PLI scheme for his industry
The company said HIT is aimed at bringing HMC's European businesses under one umbrella and giving its electric bike business a major boost worldwide
The surge in cycle demand could not have come at a better time for India's largest manufacturer, yet it is struggling to meet sales orders.
Sales have surged, orders are pouring in, and stores are already feeling a shortage
Counted as one of independent India's first successful businesses, the bicycle brand hits a trough, can it get its wheels out of the mud?
Taking care of people and communities in times of crisis can offer a brand or company many long-term benefits
As the future of electric mobility (e-mobility) knocks on the door of the Indian auto industry, Munjal, 65, tells Arindam Majumder about his future-ready plans
Firefox launched its new e-cycle Adventron while Hero displayed three e-bikes under its Lectro brand
Sale of bicycles in India are to drop 10 per cent in 2019-20
The country's largest bicycle maker Hero Cycles would invest around 250 crore to set up an eCycle valley in Punjab, where it would have an entire ecosystem for manufacturing electric bicycle. The total investment in 100-acre project would be around Rs 600 crore, in which the rest amount of Rs 350 crore would be invested through joint venture partners and ancillary units, said Hero Motors Company Chairman & Managing Pankaj M Munjal in Thursday. Besides, the company aims to have around 10 per cent share of the growing electric bicycle market globally by 2022. According to him, 70 to 80 per cent of the production from the park would be exported and most of them would be shipped to Europe, which is one of the largest electric vehicle markets. "We are building new factories. We have bought 100 acres of land and we are going to set up an eCycle valley. We would have several partnership with companies as from Japan for motors, various suppliers," Munjal added. The company would start the
The company has also sought extension of FAME-II benefits to electric bicycles
The Munjal brothers knew bicycles. They did not have any capital, but possessed the technical knowledge and skills to make their mark in the rapidly growing bicycle industry, he writes
Hero Cycles' electric portfolio has been growing aggressively over the last 6 months
He underlined that shift to electric was inevitable and the government and companies into mobility were moving ahead to achieve it
Priced at Rs 1.30 lakh, Lectro EHX20 is a high performance e-cycle powered by Yamaha, the company said
The project shall attract around Rs 400 crore investment by Hero Cycles and its suppliers or ancillaries, and generate close to 1,000 direct employment opportunities
As an e-cycle, the Hero Ezephyr has a lot in store for cycling enthusiasts.