A company statement said that it will direct this investment towards the objective of further supporting the electric vehicle industry and ecosystem. Hero Electric Vehicles Pvt Ltd has raised Rs 220 crore in Series B funding round led by Gulf Islamic Investments (GII). The funding round also witnessed the participation of OAKS. A company statement […]
Hero Electric Slashes Prices For Popular Models by up to 33 Pc
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 said in a statement. New Delhi : Electric two-wheeler maker, Hero Electric on Friday said it has slashed prices for its popular models by up to 33 per cent […]
MoEVing Partners Hero Electric to Accelerate Affordable EV Adoption
The two partners aim to work together to increase adoption of EVs via new demand and also focus on existing ICE vehicles to convert to EVs, it added. Mumbai: Electric fleet startup MoEVing has partnered with Hero Electric to accelerate the adoption of the affordable electric vehicle, with plans to convert one-lakh internal combustion engine-run […]
Hero Electric aims to train 20,000 roadside mechanics to deal with EVs
The Gurgaon-based firm, which sold around 53,000 electric two-wheelers last fiscal to lead the vertical, also aims to set up around 20,000 charging stations across the country over the next two years to ease range anxiety issues. The country’s leading electric two-wheeler maker Hero Electric aims to train over 20,000 roadside mechanics across the country […]
Hero Electric delivers first 12 e-bikes to Pioneer Asia Group
With the partnership taking shape, Hero Electric will deliver more electric bikes to the company in future, Hero Electric said Mumbai: EV maker Hero Electric on Wednesday said it has delivered the first 12 e-bikes to Sivakasi-based Pioneer Asia Group for employees’ commute in the first phase of the deal and is in discussion with […]
Hero Electric ties up with startup eBikeGO
Through the partnership, the companies will further transform the last mile deliveries from petrol to electric with their expertise in EV technology and internet of things (IoT) enabled operations, it said Hero Electric on Monday said it has tied up with e-mobility startup eBikeGO to supply over 1,000 bikes to transform last-mile deliveries. eBikeGo will […]
Hero Electric offers up to Rs 5,000 cash discount, other benefits on e-scooters
The festive offer, which is applicable on both lithium-ion and lead-acid range of e-scooters, can be availed till November 14 through any of the company’s over 500 dealerships across the country, Hero Electric said Mumbai : Hero Electric on Monday rolled out various benefits, including a cash discount of up to Rs 5,000, across its […]
Covid a blessing in disguise for electric mobility: Hero Electric CEO
Hero Electric’s CEO also believes that the startups associated with electric and sustainable mobility will get through the crisis with signs of normalcy reappearing NEW DELHI: Coronavirus crisis could be an opportunity in disguise for sustainable mobility to flourish in India, thinks Sohinder Gill, director general of SMEV. In an exclusive interview to TOI, Gill […]
Govt’s Rs 10,000-cr scheme to promote electric vehicles fails to take off in its first year
Of the amount earmarked for the scheme, a sum of Rs 8,596 crore was allocated for demand incentive in the form of direct subsidy. Roughly 10 per cent of this was expected to be spent in the first year The government’s push to incentivise the purchase of electric vehicles in India has failed to take […]
Hero Electric ties up with Punjab govt for EV infra
The company will work in conjunction with the government to attract existing and potential players to invest in the state as part of their e-mobility vision, Hero Electric said in a statement. New Delhi: Electric two-wheeler manufacturer, Hero Electric on Friday has announced its collaboration with the Punjab government to support and develop the EV […]