Hero MotoCorp will launch new electric vehicles soon.
The company has also made new plans regarding the parting.
Companies like Ola, Bajaj and TVS will have stiff competition.
New Delhi. Hero MotoCorp, the country’s largest two-wheeler manufacturing company, is going to make a big bang in the electric scooter market. According to the company, within the next one to two years, they are considering increasing their range of electric two-wheelers. To do this, the company plans to bring different types of electric scooters and bicycles. This company statement is now linked to the launch of the Splendor electric model. For a few years now, there has been a round of discussion about Electric Splendor everywhere, but the company has never made a statement about it. Although the company has yet to speak openly about E-Splendor, it has talked about launching its new products on the market.
At the same time, the company started selling Vida in Delhi, Bengaluru and Jaipur. It is worth mentioning that in October 2022, the company launched two variants Pro and Plus of Vida V1 e scooter. The company is producing both scooters at its Chittoor plant.
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enter new cities
According to the head of the company’s Emerging Mobility Business Unit, Swadesh Srivastava, the company is eyeing a full-scale establishment in the market this fiscal year. Along with this, the company will also introduce many of its new products soon. After this company statement, it may be difficult for companies like Bajaj Chetak, TVS iQube, Ather Energy, Hero Electric and Ola Electric. According to Srivastava, now is the right time to establish a new brand in the market and in the coming times, Hero MotoCorp will present itself in a different way.
He said that he has already launched Vida V1 in the market and within the next three months it will be launched in some more cities. Along with this, work is also being carried out on its expansion throughout the country. According to Srivastava, there is tremendous growth in the electric two-wheeler market and now the company has a big plan to enter it. He said that the sale of the bicycle was 6,28,671 units in 2022, which is four times more than the 1,55,422 of the bicycle sold in 2021.
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Tags: Auto News, Car Motorcycle News, motocorp hero, hero’s splendor
FIRST POSTED: Feb 19, 2023 17:26 IST