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Hero Electric to Set-up Electric Vehicle Manufacturing Hub in Rajasthan

Last Updated: September 26, 2022, 12:02 ISTHero Electric (Photo: Hero Electric)Hero Electric EV plant in Rajasthan will have an annual production capacity of two million units while built at an investment of Rs 1200 croreElectric two wheeler maker Hero Electric has announced that it will set up a mega electric vehicle (EV) manufacturing hub in Rajasthan. It will invest Rs 1,200 crore in this facility which will have a production capacity of two million units per annum. The company said it has signed a Memorandum of…

EV maker Ather Energy reportedly raised up to $250 million to outpace competitors

Electric scooter manufacturer Ather Energy is reportedly raising up to $250 million in a new funding round, as the debate on EV fires appears to be finally settling with no fresh battery fire cases being reported in the country.The funding round is in its early stages and the plan is to raise between $200 and $250 million to chart a fresh beginning in the competitive EV two-wheeler market dominated by Hero Electric and Okinawa Autotech.When reached, Ather Energy did not comment on the development.In May, Ather Energy…

Ather 450x outsells Ola S1 Pro in August, Ola sales dip for fourth consecutive month

The Indian EV two-wheeler sector saw a total sales of 50,076 units in August 2022. Hero Electric secured the 10,476 units mark, becoming the largest EV two-wheeler seller in India in the same period. It’s also Hero’s first time to breach the 10,000 units mark since March 2022. EV two-wheeler sales still on the rise, Hero Electric grabs top spotAccording to the VAAHAN portal, India recorded a total EV two-wheeler sales of 50,076 units in August 2022, which is a 12.7 percent boost as compared to July 2022. Hero Electric,…

Hero Electric Sets Record Sells Over 10K Electric 2-Wheelers in a Month: Report

Hero Electric once again led the Indian electric vehicle (EV) two-wheeler segment in August, selling a record and highest-ever 10,476 vehicles in one month, followed by Okinawa Autotech at 8,554 vehicles, the latest government VAHAN data has revealed. Hero Electric had sold 8,954 EV two-wheelers in July while Okinawa Autotech had sold 8,096 two-wheelers. Bhavish Aggarwal-run Ola Electric sold 3,421 EV two-wheelers in August, a drop from 3,862 units the company sold in July, indicating that it still needs to bring its…

Hero Electric sells record over 10K EV 2-wheelers in a month, Ola Electric falters

Hero Electric once again led the Indian electric vehicle (EV) two-wheeler segment in August, selling a record and highest-ever 10,476 vehicles in one month followed by Okinawa Autotech at 8,554 vehicles, the latest government VAHAN data has revealed.Hero Electric had sold 8,954 EV two-wheelers in July while Okinawa Autotech had sold 8,096 two-wheelers.Bhavish Aggarwal-run Ola Electric sold 3,421 EV two-wheelers in August, a drop from 3,862 units the company sold in July, indicating that it still needs to bring its…

Hero Electric ties up Jio-bp for charging and battery swapping infrastructure

In a bid to boost two-wheeler EV adoption and battery swapping infrastructure, Hero Electric is all set to partner with Jio-bp to strengthen mobility solutions for electric two-wheelers, the company announced.The customers of Hero Electric are expected to get access to the widespread charging and swapping network of Jio-bp, which is also open to other vehicles.In addition to creating solutions for seamless customer journey on Hero Electric and Jio-bp apps, both the companies will bring the best of their global learnings…

Hero Electric Set to Partner with Jio-bp for Two-Wheeler EV Adoption in India

Last Updated: August 25, 2022, 18:30 ISTImage used for representation. (Image: News18.com)The partnership between Hero Electric and Jio-bp is meant to boost electric two-wheeler charging and swapping infrastructureIn a development that is expected to boost electric vehicle (EV) adoption and mobility in India, Hero Electric is set to partner with Jio-bp to strengthen mobility solutions for electric two-wheelers. Under this proposed partnership, the customers of Hero Electric are expected to get access to the widespread…

Hero Electric tops segment with sales of nearly 9,000 EV 2-wheelers

The latest VAHAN data has revealed that Hero Electric led the EV two-wheeler segment, selling 8,952 vehicles for the entire month, followed by Okinawa Autotech with 8,094 vehicles.Ather Energy sold just 1,279 EV two-wheelers for the full month of July from selling 3,829 vehicles in June -- a massive drop in numbers -- followed by Ola Electric which sold 3,852 vehicles from 5,891 vehicles in June.Ampere Vehicles Pvt Ltd, which sold 6,542 vehicles in June, saw a minor drop to 6,312 vehicles last month.The drop in EV…

Ola is now market leader in electric scooter sales in India, despite accidents

Ola Electric has posted a significant growth in EV sales despite facing multiple issues and complaints. In a recent event, a frustrated Ola S1 Pro owner doused his vehicle in fuel and set it on fire. Problems with Ola’s reverse mode have also been reported. An Ola Electric scooter also caught fire in Pune and the company has recalled 1,441 units of the S1 Pro citing a battery health check-up. Ola Electric had launched the Ola S1 Pro electric scooter in August 2021 and started commercial operations in December.Ola…