highlights
Hero MotoCorp will be launching new electric vehicles soon.
The company has also made new plans for the farewell.
Companies like Ola, Bajaj and TVS will face stiff competition.
New Delhi. Hero MotoCorp, the country’s largest two-wheeler manufacturer, is set to make a big bang in the electric scooter market. According to the company, it is considering expanding its range of e-bikes in the next one to two years. For this, the company plans to bring various types of electric scooters and bicycles. This statement by the company is now linked to the market launch of the Splendor electric model. Electric Splendor has been a discussion board everywhere for a number of years, but the company has never commented on it. While the company hasn’t spoken openly about E-Splendor yet, the company has spoken about launching its new products.
At the same time, the company has started selling Vida in Delhi, Bengaluru and Jaipur. It is worth noting that in October 2022 the company launched two variants Pro and Plus of the Vida V1 e Scooter. The company produces both scooters at its Chittoor factory.
Also Read This: OLA, Hero and Ather Sweat, Dhansu E-Scooter Is Here, 75km/h Top Speed
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According to the head of the company’s Emerging Mobility Business Unit, Swadesh Srivastava, the company is considering a large-scale market launch later this fiscal year. In addition, the company will soon be presenting many of its new products. According to the company, things could get tough for companies like Bajaj Chetak, TVS iQube, Ather Energy, Hero Electric, and Ola Electric. According to Srivastava, now is the right time to launch a new brand in the market and Hero MotoCorp will present itself in a different way in the coming period.
He said he has already launched Vida V1 and will launch it in a few more cities within the next three months. At the same time, work is being done on expansion throughout the country. According to Srivastava, there is tremendous growth in the electric two-wheeler market and now the company has a great plan to get in there. He said that two-wheeler sales in 2022 were 6,28,671 units, which is four times more than the 1,55,422 two-wheelers sold in 2021.
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Tags: car news, bike news, hero motocorp, hero splendor
FIRST RELEASED : February 19, 2023 at 17:26 CET
