Hero Electric E2 Series Updates

Thursday, 14 November 2024 11:20 PM Hero Electric is set to launch several new electric scooters in India between 2024 and 2025, including the AE-3, A2B, Axlhe 20, AE-8, and AE-75. The AE-3 is expected to launch in December 2024 with a price tag of around Rs. 1.50 lakh, while the AE-8 is slated for February 2025 at Rs. 70,000 onwards. This expansion is part of Hero Electrics strategy to strengthen its presence in the Indian electric two-wheeler market. I think this diverse lineup will help Hero Electric cater to a broader range of customers.

Friday, 12 July 2024 05:34 PM Hero Electric has been facing challenges due to allegations of violating FAME II manufacturing norms. The Ministry of Heavy Industries issued show-cause notices to Hero Electric and other leading electric two-wheeler manufacturers for using imported components instead of sourcing them locally. This has led to a significant decline in their market share. I believe resolving these compliance issues is crucial for Hero Electrics future growth.

Friday, 12 July 2024 01:41 PM Hero Electrics market share has declined significantly due to intense competition from brands like Ola and TVS, which offer better affordability and extensive service networks. I think Hero Electric needs to innovate and improve its product offerings to stay competitive.

Friday, 05 May 2023 08:14 AM The Indian governments subsidy scheme under FAME II has had a mixed impact on Hero Electric. While the subsidies helped lower the sticker prices and make electric two-wheelers more affordable, recent violations and subsequent actions have affected the companys market position. I think Hero Electric needs to focus on compliance and product quality to regain its market share.

Monday, 20 March 2023 07:34 PM Hero Electric recently launched its new range of electric scooters, including the Optima CX5. This launch is part of the companys efforts to enhance its product portfolio and attract more customers. The Optima series has been popular for its affordability and features. I think this new range will help Hero Electric stay competitive in the market.

Wednesday, 15 March 2023 10:23 PM Hero Electric has partnered with Dhoot Transmission to source wiring harness solutions, aiming to improve the quality and reliability of their electric scooters. This collaboration is expected to enhance the overall performance and durability of their vehicles. I believe such partnerships are essential for maintaining high standards in the EV sector.

Tuesday, 02 August 2022 05:41 AM Hero Electric has introduced an online booking system for its scooters, making it easier for customers to purchase their vehicles. This move is part of the companys digital transformation and customer convenience initiatives. I believe this will improve the overall buying experience for customers.

Tuesday, 17 May 2022 03:19 PM Hero Electric has also started a leasing program for its electric scooters in collaboration with RevFin. This initiative aims to make electric vehicles more accessible by offering flexible ownership options. I think this is a great step towards increasing EV adoption.

Wednesday, 11 May 2022 12:12 PM The company has enhanced its service network by partnering with ReadyAssist, ensuring better after-sales support for its customers. This move is crucial for building customer trust and satisfaction. I believe a strong service network is vital for any automotive brand.