Page 4 - Hero Electric

Hero Electric ties up with State Bank of India for retail finance

The customers can now ride home their favourite company scooter at the lowest interest rates across India for a hassle-free experience, Hero Electric said in a statement

Hero Electric partners with ALT Mobility to deploy 10,000 Hero Nyx by 2023

Hero Electric on Tuesday said it has partnered with ALT Mobility, a dedicated platform for leasing of electric vehicles for the logistics market, to deploy its electric two-wheeler Hero Nyx.

Hero Electric, Mahindra Group team up to manufacture electric vehicles

Electric two-wheeler maker will use latter's production facility to raise capacity

Hero Electric joins Log 9 Materials for 15-minute EV charging

The integration of Log 9's 'RapidX' batteries can fully charge Hero Electric 2W within 15 minutes

Hero Electric reports retail sales of over 7,000 units in November

The company said it had sold 1,169 units in the corresponding period last year

Hero Electric posts over two-fold jump in festive season retail sales

Hero Electric on Wednesday reported over two-fold jump in festive season retail sales at 24,000 units during October 1 to November 15, 2021

India's EV market is set for massive growth: Hero Electric MD Naveen Munjal

Will electric mobility truly seize the moment in India? If so, what's the main reason for it? Will there be a price war in the EV segment? Hero Electric MD Naveen Munjal answers these in this Q&A

Govt should fix a deadline for phasing out IC engines: Hero Electric MD

In a Q&A, Naveen Munjal outlines his plans for the company and his learnings

TMS, Ep 18: Online gaming conundrum, Hero Electric MD Q&A, markets, and AI

Are fantasy sports bearing the brunt of regulatory grey area? What Hero Electric MD Naveen Munjal sees as best drivers of an EV future? What is AI and why it may be a gamechanger? Get all answers here

Hero Electric, Massive Mobility to set up 10,000 EV charging stations

The EV charging network, when up and running, would be open to all electric vehicles and will lead to standardisation between manufacturers.

Hero Electric to raise capacity at Ludhiana plant to 500k units in 6 months

The company noted that it has been witnessing a robust demand after the COVID situation improved in the country.

India must end petrol two-wheelers by 2027: e-scooter firm Hero Electric

"2027 would be a good time for new sales to be 100% electric," Naveen Munjal, managing director of Hero Electric Vehicles Pvt., said in an interview

Hero Electric Vehicles to invest Rs 700 crore in business expansion by 2025

Hero Electric Vehicles will invest Rs 700 crore by 2025 to rev up its business expansion, including setting up of a new manufacturing unit, for which it has raised Rs 220 crore to part-fund the activities, according to a top company official. The company is planning to set up a new manufacturing facility with an annual capacity of 10 lakh units besides increasing production at its current plant at Ludhiana to 3 lakh units per annum from 75,000 units at present, as it targets to sell around 10 lakh units a year by 2025-26. Moreover, it is also ramping up research and development (R&D), marketing, dealer network expansion, along with expanding its supply chain, service network and charging stations in order to cash in on the 'explosive growth' in demand for its electric two-wheelers. "What we're doing now is expanding our capacity from 75,000 units to about 3 lakh units. While we are building this up, we're also planning on the next facility which is going to be about a million ...

Hero Electric slashes prices for its popular models by up to 33%

The decrease in prices ranges from 12 per cent for single battery variants to 33 per cent for the triple battery Nyx HX model

Hero Electric aims to train 20,000 roadside mechanics to deal with EVs

Hero Electric aims to train over 20,000 roadside mechanics across the country over the next three years to deal with any issue its customers might face as part of plans to instill confidence in buyers

Xiaomi looks at a possible entry into the electric scooter, cycle market

Known for its phones and emerging from nowhere in the segment, it might take on the scooter Goliaths

Ola Electric's high-stakes ride: Can Aggarwal disrupt India's EV market?

By setting up massive capacities in a limited market against entrenched competition, founder Bhavish Aggarwal has his work cut out proving the sceptics wrong

Flipkart to deploy more than 25K EVs, partners with leading manufacturers

The Walmart-owned e-commerce firm has partnered with Hero Electric, Mahindra Electric and Piaggio, for specific vehicles to be deployed for its first and last-mile delivery fleet across the country

Hero Electric ties up with eBikeGO to transform last mile deliveries

Hero Electric has tied up with e-mobility startup eBikeGO to supply over 1,000 bikes to transform last mile deliveries

Hero Electric targets 10-15% growth in 20-21, scouts for PE investors

The company is looking to increase its capacity by over 200%