Hero Electric clocks 7,000 units in domestic sales for November 2021
India Today
The festival season and government boost have helped Hero Electric gain six times growth compared to November last year.
India’s largest two-wheeler manufacturer, Hero MotoCorp, reported steady growth of Hero Electric with sales of 7,000 units in November 2021. The data is corroborated by JMK Research and VAHAN dashboard. In comparison, November 2020 saw sales of 1,169 units. Hero Electric’s portfolio of electric two-wheelers consists of two categories; the Hero Electric City Speed and the Hero Electric Comfort Speed. The Hero Electric City speed variants have a maximum speed of 42kmph and are available in either single battery or dual battery setups.
Sohinder Gill, CEO, Hero Electric said, “The government initiatives and customer-friendly policies have continued to drive demand for the category, translating into positive sales momentum. Given the surge in EVs, we are working to meet the rising demand and are hopeful to end the year on a high note.”