India’s efforts to promote electric scooters in its two-wheeler market led to the emergence of numerous startups. However, these startups are now losing popularity as they are sourcing parts fromContinue Reading
After an investigation found that Hero Electric and Okinawa, two electric two-wheeler companies, had violated provisions of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) II scheme,Continue Reading
Hero Electric and Okinawa, which together controlled more than half of India’s high-speed electric two-wheeler market, have not only lost their thrones, but their products are now being sold atContinue Reading
The much-anticipated electric vehicle (EV) revolution has finally arrived in India. Because of a 16-20% increase in petrol costs over the last year, many people see the transition to electricContinue Reading
Hero Electric, in collaboration with the Mahindra Group, launched its first co-developed electric scooter on 7th Feb.2022. Both of these automakers formed a deal last month to develop electric two-wheelers.Continue Reading
The hefty price tags of ₹95,000- ₹1.3 lakh on the electric scooters (e-scooters) is a great dampener when it comes to purchasing them. But, if you overlook the initial highContinue Reading
Hero Electric Vehicles, the country’s largest EV manufacturer, has raised ₹220 crore in growth investment in a round led by Gulf Islamic Investments (GII) and participation from OAKS. The companyContinue Reading
FY2021 saw the electric 2-wheeler (E2W) sales decline marginally by 5.4% from 152,000 units in FY2020 to 143,837 units in FY2021 due to the disruption caused by the COVID-19 pandemic.Continue Reading
