Hero Electric Rolls Out First Batch Of Electric Scooters From Mahindra's Pithampur Facility

Advertisement
Read Time: 2 mins
A Hero Electric dealership in Alwar, Rajasthan. (Photo: Nishant Sharma/BQ Prime)

Hero Electric Pvt. Ltd. has rolled out its first batch of electric scooters from Mahindra Group's Pithampur manufacturing facility in Madhya Pradesh.

The electric-vehicle maker is in a five-year partnership with Mahindra to grow its business amid increasing demand for electric mobility. As part of the strategic alliance, Hero Electric will manufacture two of its e-scooters -- Optima and NYX -- at Mahindra's Pithampur plant.

Advertisement

"Our 20-plus relationships with preferred partners in the field of charging, servicing, rapid charging, swapping, etc., are helping us build a robust EV ecosystem not only for us but for the whole EV category," Sohinder Gill, chief executive officer at Hero Electric, said in a statement. "With this tie-up (Mahindra), we are now well on our way to the half-a-million capacity that we had planned a few months back."

Beyond sharing space, the Hero Electric-Mahindra partnership provides a platform to jointly develop and share the supply chain for all new electric offerings, the statement read. Both companies will bolster this alliance and share their R&D expertise to develop newer technologies and products for domestic and overseas markets.

Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.

Loading...