Hero Electric to roll out 1 mn vehicles annually in next 2-3 yrs
The company also said that it is planning to set up a greenfield facility in Rajasthan with an annual production capacity of two million units.
The company also said that it is planning to set up a greenfield facility in Rajasthan with an annual production capacity of two million units.
Hero Electric is among the electric two-wheeler makers the government has pulled up for the “misappropriation” of FAME-II subsidies
Ola Electric’s market share in April grew 39% when compared to March. It dethroned segment-leader and one of its oldest incumbents, Hero Electric, for the pole position
A three-member arbitral tribunal will decide who among the adversarial Munjals — Vijay or Pawan — will be bestowed with the elusive Hero brand identity for its electric portfolio
Naveen Munjal argues that Hero MotoCorp’s intention to use the same brand in EVs goes against a family pact.
With this policy, Maharashtra aims to have 3 lakh electric vehicles a year by 2025, and has announced that starting April 2022, all new vehicles in the government fleet will be electric-only.
Hero Electric wants to aggressively expand its footprint in the electric vehicle segment. Talking to Fortune India, the company's MD, Naveen Munjal, lays out Hero Electric's plans.
Hero Electric’s AE-47 motorcycle, AE-29 scooter, and AE-3 trike are expected to be launched by the end of 2020. The company plans to increase production to 500,000 units in the next three years.
Zoomcar co-founder and CEO Greg Moran says his aim is to touch 20 million unique self-driving user mark by the end of this year.
With 56,000 units sold so far, India has shown slow but steady progress towards electric adoption. But in the absence of a comprehensive policy, is it too soon to judge?