Hero Electric recorded a whopping Rs.1000 crore revenue gain of 20% over the previous year. For the second straight fiscal year, Hero Electric surpassed sales of 1 lakh units. The company owes it sales success to its electric two-wheeler lineup.
The company also ventured into the connected car market with its three new lineup- the Optima CX5.0, the Optima CX2.0, and the NYX. The recent Hero Electric two-wheelers feature top class powertrain and enhanced safety.
Hero Electric is coordinating with Mahindra Group on developing a new greenfield factory in Ludhiana.
Hero Electric is the top electric scooter manufacturer in India. The product line offers a diverse choice of electric bikes and scooters from across the world.