Hero MotoCorp to expand its electric two-wheeler range

20 Feb 2023 , 10:31 AM

According to a senior company official, Hero MotoCorp, the country’s largest two-wheeler manufacturer, plans to expand its electric two-wheeler range over the next 18-24 months in order to meet demand across multiple customer segments.

With its Vida electric scooters already on the market in Delhi, Bengaluru, and Jaipur, the company plans to broaden its reach to additional cities in the upcoming fiscal year before unveiling its latest product offerings.

Hero MotoCorp released the VIDA V1 electric scooter in two variants, Pro and Plus, in October of last year.

The electric scooter is manufactured at the company’s Chittoor plant in Andhra Pradesh, where it competes with brands such as Bajaj Chetak, TVS iQube, Ather Energy, Hero Electric, and Ola Electric.

In terms of product portfolio, the brand has an accelerated plan in which products from various segments will be released.

In the country, the electric two-wheeler segment has seen tremendous growth. According to FADA, electric two-wheeler sales reached 6,28,671 units last year, a four-fold increase from 1,55,422 units in 2021.

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