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.

Thursday, 16 November 2023 12:55 AM Around 200 dealers of Hero Electric have protested against the company, demanding pending payments of around Rs 500 crore. The dealers have also complained about the lack of vehicles and spare parts, affecting their business and customer service. This issue highlights the challenges faced by the company in maintaining dealer relationships. I think resolving these issues quickly is crucial for maintaining trust.

Wednesday, 15 March 2023 04:03 PM Hero Electric has launched updated versions of its Optima CX and NYX electric scooters, which are now smart and connected. These updates include new features and improvements in range and performance. This move shows the companys commitment to innovation and customer needs. I believe these updates will attract more buyers looking for advanced electric scooters.

Monday, 21 November 2022 08:36 AM Hero Electric has announced that it will start using made-in-India battery packs for its electric scooters. This decision aligns with the governments vision of promoting local manufacturing and reducing dependence on imports. I think this is a positive step towards self-sufficiency in the EV sector.

Monday, 21 November 2022 06:24 PM Despite competition from other brands, Hero Electric remains one of the biggest names in the Indian electric two-wheeler market. The company has sold over 400,000 electric vehicles and continues to expand its portfolio. I believe their experience and market presence will help them stay competitive.

Wednesday, 05 February 2020 02:58 PM At Auto Expo 2020, Hero Electric showcased several future concepts, including a tilting 3-wheeled scooter and the companys first electric motorcycle, the AE-47. While there is no confirmation on the launch dates, these concepts indicate the companys innovative approach to electric mobility. I think these concepts could be game-changers if executed well.

Wednesday, 05 February 2020 08:08 PM Hero Electric has a significant dealer network with 705 showrooms and 9 service centers across India. This extensive network helps in providing better customer service and support. I believe a strong dealer network is essential for the success of any vehicle brand.