Hero To Expand Its EV Portfolio With New Products This Fiscal Updated On Thu, Jul 4th, 2024 by Saurenergy Automobile maker Hero MotoCorp said that it sold 503,448 units of motorcycles and scooters in June 2024. This translates into a growth of 15% over the corresponding month (June 2023). The company has now planned to expand its electric vehicle portfolio with more offering and diversified products, the company said. During the month, the company […] Read more
Hero MotoCorp Invests Rs. 124 Crore In Ather Energy Updated On Fri, Jun 7th, 2024 by Saurenergy Delhi-based Hero MotoCorp invested, up to Rs. 124 Crore in Ather Energy an electric two-wheeler company in Bengaluru. Ather Energy is engaged in designing, manufacturing, selling, and servicing electric two-wheelers. It has business spread out in charging infrastructure, storage, distribution, and management of electric power. This included energy investment in batteries and other ancillary services. […] Read more
9 EV Financing Startups in India Accelerating EV adoption Updated On Fri, Jul 21st, 2023 by Saurenergy The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […] Read more
Fintech platform Rupyy Partners with OEMs for Foray into EV Financing Updated On Fri, Jul 7th, 2023 by Saurenergy Rupyy, a FinTech platform, recently announced its foray into the electric vehicle (EV) financing segment. The firm claims says it is building on its mission to revolutionize the financing experience for all vehicle financing categories, Rupyy has partnered with original equipment manufacturers (OEMs) and multi-brand outlets (MBOs) in the EV industry to offer flexible and […] Read more
Taiwanese EMobility Giant Gogoro to Kickstart Battery Swapping Ops in India on April 25 Updated On Fri, Apr 21st, 2023 by Saurenergy Taiwan-based largest electric two-wheeler manufacturer and battery swapping giant, Gogoro has shared that it is set to take the next big step to expand its reach into the Indian market. The emobility giant is set to kickstart battery swapping operations in India on April 25. The firm will be inaugurating its first battery swapping station […] Read more
Hero Electric Revenues Go Past Rs 850 Cr in Fy22 Updated On Mon, Dec 26th, 2022 by Saurenergy On the back of a 2.8X surge in operating income, Hero Electric has ascended to top position in the electric vehicle ecosystem in terms of revenues during FY22. Okinawa and Ather posted Rs 822 crore and Rs 408 crore topline respectively while Hero Electric generated Rs 841 crore from its operations in FY22 even while […] Read more
Taiwan’s Gogoro Inc Partners with Hero MotoCorp to Enter EV Market Updated On Fri, Nov 4th, 2022 by Saurenergy Taiwan-based electric vehicle company, Gogoro Inc has collaborated with another electric two-wheelers company Hero MotoCorp and plans to launch its products in India’s rapidly developing EV market. According to the company’s chairman and CEO, Horace Luke “The arrangement with Hero MotoCorp, which also includes the development of a battery-swapping network, does not restrict it from […] Read more
Launch Of Vida V1: Hero Motocorp Officially Enters EV Updated On Mon, Oct 10th, 2022 by Saurenergy India’s largest two-wheeler manufacturer, Hero Motocorp, has finally entered the electric vehicle market with the launch of its pioneer in the sector, Hero Vida V1. Hero launched its first EV model V1 electric scooter at a starting ex-showroom price of Rs 1,45,000 under its new brand Vida on October 7. The scooter comes in two […] Read more
Hero MotoCorp & Hindustan Petroleum Collaborate to Bolster EV Charging Infrastructure Updated On Wed, Sep 21st, 2022 by Saurenergy New Delhi-based motorcycle and scooter manufacturer, Hero MotoCorp and Hindustan Petroleum Corporation Limited (HPCL) have collaborated to establish charging infrastructure for Electric Vehicles (EVs) in across India. This partnership will help mass mobility transition to an electrified future by establishing charging stations for two-wheeled electric vehicles (EVs) across the nation. This partnership between the two […] Read more
