Hero Electric Velociti

Tuesday, 23 January 2024 09:35 PM Hero MotoCorp is planning to launch three new electric scooters in 2024, targeting the mid, affordable, and business-to-business (B2B) segments. This move is part of the companys strategy to expand its electric vehicle portfolio. I think this is a significant step towards increasing electric vehicle adoption in India.

Tuesday, 23 January 2024 10:22 AM Hero Electric is set to open exclusive stores for its electric scooters, each with a size of 500 square feet. These stores will be in addition to the revamped Hero MotoCorp showrooms and premium outlets. This expansion aims to enhance the customer experience and accessibility of Hero Electric scooters. I believe this will help in increasing sales and customer satisfaction.

Tuesday, 23 January 2024 03:08 PM Hero MotoCorps Vida electric scooter has seen moderate sales, with 14,046 units sold during the April-December period of 2023-24. This accounts for 4.53% of the companys total scooter sales during the period. I think this is a good start, but theres room for growth.

Tuesday, 23 January 2024 11:20 AM Hero Electric is also focusing on the business-to-business (B2B) segment, targeting companies like Amazon, Zomato, and Flipkart for last-mile connectivity solutions. This segment is seen as a significant growth area for electric two-wheelers. I believe this strategy can help in increasing the adoption of electric vehicles in the commercial sector.