Hero Electric Extra

Thursday, 14 November 2024 04:48 PM Hero MotoCorp is set to launch three new electric two-wheelers in the next year, including models in the mid-price and economy segments, as well as a new electric two-wheeler for the B2B last mile delivery segment. This move is part of the companys strategy to accelerate its electrification journey. I think this is a great step towards expanding their electric vehicle portfolio.

Friday, 08 November 2024 02:49 AM Hero Electric has announced plans to diversify into the premium segment under the A2B brand, introducing a diverse portfolio of premium electric bikes, scooters, and other variants. This strategy aims to create differentiated brands to cater to multiple segments in the electric mobility space. I believe this move will help Hero Electric tap into a more lucrative market.

Monday, 28 October 2024 02:29 PM Hero MotoCorps EV-focused sub-brand Vida will showcase a new electric scooter at the EICMA 2024, potentially an upgrade or new variant of the existing V1 model. This aligns with the rising demand for eco-friendly urban mobility solutions. Im excited to see how this new scooter will compare to the existing V1 models.

Friday, 25 October 2024 02:11 PM Hero Electric is awaiting communication from the Ministry of Heavy Industries to resolve the subsidy deadlock, which could help the company clear unpaid subsidies of Rs 500 crore. The company claims its vehicles are fully compliant with FAME certification. I hope this issue gets resolved soon to support the growth of electric vehicles in India.

Wednesday, 21 August 2024 01:57 PM Hero MotoCorp has plans to roll out affordable electric vehicles this fiscal year, building on the success of the VIDA V1 Pro scooter. The company aims to lead the electric two-wheeler market with these new models. I think this is a smart move to capture a larger market share in the EV segment.

Thursday, 15 August 2024 05:36 AM The Indian government has extended the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, which benefits companies like Hero MotoCorp by offering subsidies for electric two-wheelers. This extension aims to promote clean energy vehicles. I believe this extension will help boost electric vehicle sales in India.

Saturday, 10 August 2024 10:18 AM Hero MotoCorp has picked up a stake in electric three-wheeler maker Altigreen Propulsion Labs, marking its entry into the electric three-wheeler market. This strategic move will help Hero compete with other major players in this segment. I think this is a strategic move to diversify their electric vehicle offerings.

Thursday, 20 June 2024 02:42 PM Hero Electric has faced a dip in sales due to price hikes of their electric two-wheelers by 15-18 percent. Despite this, the company remains optimistic about its future in the electric mobility space. I hope they can recover from this sales dip soon.

Wednesday, 15 May 2024 09:19 AM Hero MotoCorp domestically sold 14,046 units of Vida in the April-December period of 2023-24, with Vida comprising 4.53 percent of its total scooter sales during the same period. This indicates a growing presence of Heros electric scooters in the market. I believe this is a positive sign for their electric vehicle strategy.