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
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
Hero MotoCorp Invests Rs 420 crore in Ather Energy Updated On Mon, Jan 17th, 2022 by Saurenergy Hero MotoCorp, India’s largest two wheeler maker, is investing Rs 420 crore in electric scooter maker Ather Energy, even as it is readying its own product for the local EV market. The company’s board has approved the investment in one or more tranches, according to a regulatory Nling Friday. Prior to the proposed investment, Hero […] Read more
Hero MotoCorp Working on Multiple EV Projects Updated On Fri, Jul 5th, 2019 by Saurenergy Hero MotoCorp is already working on multiple EV projects, company chairman Pawan Munjal has said. The country’s largest two wheeler maker Hero MotoCorp has revealed that the company is already working on multiple electric vehicle (EV) projects, company chairman Pawan Munjal said in the company’s Annual Report for 2018-19. The company is fully geared up […] Read more
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
Govt To Disburse Subsidy Dues To Ola, Ather, Hero & TVS Under FAME-II Updated On Mon, May 8th, 2023 by Saurenergy The Ministry of Heavy Industries, the nodal government agency handling the Faster Adoption of Manufacturing of Electric Vehicle (FAME)-II scheme, has been mulling returning the due subsidies of four major electric two-wheeler companies, reports claimed. The move comes days after these EV players announced reimbursing the EV customers to whom these companies sold EV chargers […] 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
