Hero Electric, M&M Partner for EV Production, Platform Development Updated On Wed, Jan 19th, 2022 by Saurenergy Hero Electric on Wednesday said it has partnered with the Mahindra Group for electric vehicle mobility. As part of the collaboration, Mahindra Group will manufacture Hero Electric’s Optima and NYX electric models at its Pithampur plant. With this partnership along with the expansion of their existing Ludhiana facility, Hero Electric will be able to meet […] Read more
Hero Electric to Offer New Loan Schemes to e-2w Buyers Updated On Fri, Jan 14th, 2022 by Saurenergy Hero Electric on Thursday said it has tied up with Shriram City Union Finance to facilitate loan schemes for its electric two-wheeler buyers. The collaboration aims to make the e-scooters more affordable and attract cost-conscious buyers with attractive financing solutions, Hero Electric said in a statement. The partnership will enable customers to avail a fully […] Read more
Hero Electric, Turtle Mobility to Strengthen Last-mile Delivery Segment Updated On Tue, Jan 11th, 2022 by Saurenergy Hero Electric said on Monday it will deliver over 1,000 e-scooters to last-mile delivery solutions startup Turtle Mobility this year as part of a partnership between the two firms, a release said on Monday. Turtle Mobility was incorporated in the second quarter of 2021 to further develop the electric vehicle ecosystem in the mid and […] Read more
Massive Mobility, Hero in Pact for 10,000 Charging Stations Updated On Tue, Sep 14th, 2021 by Saurenergy Hero Electric, India’s largest two wheeler electric vehicle maker, has signed an agreement with Massive Mobility to install 10,000 EV chargers across the country, in a bid to increase its charging infrastructure by nearly tenfold, reports start up specialist site Entrackr. The move comes amidst a flurry of similar announcements building up across the country, […] Read more
India’s EV Sector Attracts Rs. 25,000 Crore Investments Till July 2021 Updated On Mon, Aug 2nd, 2021 by Saurenergy Indian EV sector recorded Investments of approx. Rs. 25,000 crore during the first seven months of this year. The second wave of Covid-19 was highly destructive to almost every sector of the country. However, the electric vehicle (EV) and e-mobility sector says a different story, as it has witnessed numerous financial deals and investments. India’s e-mobility […] Read more
Hero Electric Raises Rs. 220 Crores From GII and OAKS Updated On Mon, Jul 12th, 2021 by Saurenergy Hero Electric, the market leader by sales in the electric two wheelers, has raised an investment of Rs. 220 Crore from a UAE-based financial services company Gulf Islamic Investments (GII), and an existing investor, OAKS investment partner. the funds will be deployed as Hero Electric seeks to make an impact in the crowded electric two […] Read more
Hero Electric Delivers 50,000 Units in 2020, Tops the Segment Updated On Thu, Mar 18th, 2021 by Saurenergy A pioneer and market leader in the Indian Electric Two-Wheeler industry, Hero Electric announced that it has sold over 50,000 electric two-wheelers in 2020 consequently retaining the top slot in the segment. According to PTI, the company also announced that its sales network has crossed the 600 touchpoint mark covering 500 towns and cities across […] Read more
Flipkart to Deploy 25,000 EVs in Supply Chain, Partners with EV Manufacturers Updated On Wed, Feb 24th, 2021 by Saurenergy India’s homegrown e-commerce marketplace, Flipkart today announced that it is going to deploy more than 25,000 electric vehicles (EVs) by 2030. This initiative has been taken up to achieve its commitment to transit its logistics fleet into EVs and help set up charging infrastructure around delivery hubs and offices to fast track the EV adoption […] Read more
Hero Electric Partners up to Offer Leasing Options for Electric Scooters Updated On Thu, Aug 20th, 2020 by Saurenergy Hero Electric has announced its partnership with OTO Capital to provide consumers with affordable and flexible financing options to own electric scooters Hero Electric, a pioneer in the electric vehicle industry in India, has announced its partnership with OTO Capital, India’s first vehicle leasing startup to provide consumers with affordable and flexible financing options to […] Read more
