Key Points
Hero MotoCorp CEO Niranjan Gupta announced on Tuesday that the company intends to introduce three new electric two-wheelers within the next year in an effort to speed up its electrification journey...
In order to meet the demand for motorbikes in the class, the two-wheeler maker, which recently introduced its new performance bike, the MAVRICK 440, is also increasing production to 10,000 units each month...
"In FY25, we will launch electric scooters in the mid-price segment and in the economy segment to extend our Vida range," PTI quoted Gupta as saying in an interaction on the sidelines of the Hero World 2024 event...
Gupta further stated that it will take some time to introduce electric bikes through the company's partnership with California-based Zero Motorcycles because the Indian market is still in its early stages of development and is still quite expensive...
To further augment the EV sales, Gupta commented that the company has increased the availability of Vida to 100 cities as of last week and will enter 100 more cities in the next year...
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