Hero
Electric, India’s largest electric two-wheeler company, continued its growth
momentum with record sales of over 7,000 units in November 2021, according to the
most recent report by JMK Research and VAHAN dashboard. Hero Electric sold
1,169 units for the corresponding period last year.
A
steady boost from the government has been steering forward the demand for
electric mobility which, has favoured Hero Electric. The electric two-wheeler
manufacturer witnessed a tremendous surge in EV sales with the high numbers
achieved due to festive demand, compared to the previous year during the same
period. The city-speed category continues to add value in this upward sales
impetus.
Sohinder Gill, CEO, Hero Electric, stated, “At
Hero, we have been steering EV adoption in India and are witnessing stronger
consumer confidence towards electric mobility solutions. The government
initiatives and customer-friendly policies have continued to drive demand for
the category, translating into positive sales momentum. Given the surge for
EVs, we are working to meet the rising demand and are hopeful to end the year
on a high note.”
With
the stated ambition of clocking 1 million sales in the next five years, Hero
Electric continues to play its role in contributing to a carbonless future for
mobility in India. Hero Electric is progressively moving towards expanding its
product portfolio and sales touchpoints, investing in technological innovation,
and collaborating to grow the EV infrastructure in India.