Hero Electric stated that it has partnered with ALT Mobility, a platform for leasing of electric vehicles for the logistics market, to deploy its electric two-wheeler Hero Nyx. Under the collaboration, the companies will work with logistic aggregators and fleet operators to deploy 10,000 Hero Nyx electric scooters by 2023, Hero Electric said. ”This association […]
Hero Electric and Mahindra & Mahindra Announce Strategic Partnership in Electric Mobility – EQ Mag Pro
Hero Electric and Mahindra & Mahindra Announce Strategic Partnership in Electric Mobility. For more information please see below link:
Hero Electric partners with Shriram City Union for finance solutions
New Delhi : Electric vehicle company, Hero Electric has partnered with Shriram City Union Finance, a leading two-wheeler financer to facilitate loan schemes for the electric 2Wheeler buyers to make e-scooters more affordable and attract cost-conscious buyers with attractive financing solutions. The partnership will enable customers to avail a fully digital and paperless loan procedure […]
Hero Electric ties up with Turtle Mobility to strengthen last-mile delivery segment – EQ Mag Pro
Hero Electric said on Monday it will deliver over 1,000 e-scooters to last-mile delivery solutions startup Turtle Mobility this year as part of a partnership between the two firms, a release said on Monday. Turtle Mobility was incorporated in the second quarter of 2021 to further develop the electric vehicle ecosystem in the mid and […]
Hero Electric becomes most preferred EV brand in India, suggests study – EQ Mag Pro
Hero Electric currently has a 400,000 plus customer base in India and operates 700 plus dealerships in the country. Hero Electric enjoys a whopping 36% market share in the Indian two-wheeler EV market. Hero Electric, India’s largest electric two-wheeler company, has come out to be the ‘most preferred brand’ in the Indian market, as per […]
Retained top spot in electric two-wheeler space with sales of over 6,500 units in Sep: Hero Electric – EQ Mag Pro
New Delhi : Hero Electric on Wednesday said it has retained top position in the electric two-wheeler segment with sales of over 6,500 units last month. The overall rise in demand for electric vehicles fuels the growth for Hero Electric high speed vehicles, securing its top position in the segment, the company said in a […]
Govt should fix a deadline for phasing out IC engines: Hero Electric MD – EQ Mag Pro
In a Q&A, Naveen Munjal outlines his plans for the company and his learnings With no playbook available for a success formula for launching an electric vehicle, Naveen Munjal jumped started Hero Electric in 2007. A lot has changed since then. With a major policy push, incentives, India is looking to promote usage of electric […]
Hero Electric to ramp up production capacity at Ludhiana plant to over 5 lakh units by March 2022 – EQ Mag Pro
The company’s electric scooters, with the revised amendments to FAME 2 and additional state subsidies, were the most affordable in the country with prices starting at Rs 53,600 (post subsidy), it said. New Delhi: Hero Electric on Wednesday said it plans to ramp up production capacity at its Ludhiana facility to over five lakh units […]
Hero Electric Partners With Wheels EMI to Offer Easy Financing Options to Customers – EQ Mag Pro
As a preferred financial partner, Wheels EMI will provide Hero Electric customers with simple and fast disbursals with minimum documentation, it added Mumbai : Hero Electric has partnered with two-wheeler life cycle management company Wheels EMI for offering easy financing options to customers buying electric two-wheelers, a release said on Tuesday. Besides vehicle financing, the […]
Hero Electric Sells Over 15,000 High Speed Electric Vehicles in First Half of 2021
Electric two-wheeler maker Hero Electric on Monday reported sales of over 15,000 high-speed two-wheelers in the first half of the year. The company had sold 3,270 units in the first half of last year amid disruptions due to the outbreak of coronavirus pandemic. Hero Electric also said after the second wave of COVID-19, it witnessed […]