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HERO ELECTRIC PLANT
Time for investors and traders to think alike? 7 Nifty Auto stocks with an upside potential of up to 19%There are sectors that have not quite followed the war script. Take the auto sector, for instance. A surge in oil prices is supposed to be ...
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...
Iran war effect: Leading EV two-wheeler makers accelerate expansion amid petrol price worriesMajor electric scooter companies are rapidly increasing production capacity. This expansion aims to meet a surge in demand for eco-friendly...
From setbacks to second wind, what next for Ola and Bhavish Aggarwal?Ola Electric is struggling to revive its position after a sharp fall in market share, financial stress and operational challenges. Founder ...
Industry heads set to visit China to expand alliancesA delegation of 16-17 top execs from Indian companies like Dixon Technologies, JBM, and Hero Future Energies will visit China next week to ...
Hero Electric seeks to settle subsidy misappropriation case with CentreHero Electric has sought the Ministry of Heavy Industries' intervention to resolve ongoing disputes and release pending EV subsidies. The c...
Ather Energy plans to build third plant in Maharashtra's Aurangabad: ReportAther Energy reportedly planning to invest about Rs 1,000 crore in the plant. Spanning across 100 acres in phases, the plant will be situat...
Hero MotoCorp planning to launch electric two wheelers in mid and affordable segmentHero MotoCorp plans to launch electric vehicles in the mid and affordable segment, aiming for international sales growth. CEO Niranjan Gupt...
Firefighting daily to stop EV adoption being derailed: Hero Electric CEO Sohinder GillGill said the company is now targeting 1 million unit sales in the coming years with an "upside of 25-35 per cent". According to Gill, the ...
Hero Electric begins work on second manufacturing plant in India"We are very excited to announce our new manufacturing facility in Ludhiana given the exciting growth phase for the EV market. India's EV r...
Hero Electric rolls out first batch of e-scooters from Mahindra's Pithampur facilityThe EV makaer announces the rollout of its first batch of electric scooters from Mahindra Group's Pithampur plant in Madhya Pradesh, the co...
Hero Electric clocks zero deliveries in April amid chip shortage; CEO Sohinder Gill apologisesHero Electric’s inability to deliver in April could also cause Ola Electric to overtake it on EV sales for the first time.
Chip shortage: Hero Electric reports zero dispatches in AprilThe company experienced extreme chip shortage and supply chain constraints, Hero Electric said in a statement. The automotive industry is s...
Hero Electric to observe April as battery care monthThe initiative is being done to facilitate face to face interaction with over 4.5 lakh consumers to reinforce the key aspects of battery ca...
Hero Electric unveils new model Hero Eddy; to launch in next quarterHero Eddy comes with features like find my bike, large boot space, follow me headlamps and reverse mode. The electric scooter comes in two ...
Hero Electric to ramp up production capacity at Ludhiana plant to over 5 lakh units by March 2022The company's electric scooters, with the revised amendments to FAME 2 and additional state subsidies, were the most affordable in the coun...
Hero Electric creates new logistics arrangement for customers in eastern, north-eastern IndiaUnder this, the company has set up a fully integrated storage and handling facility at Patna, which will serve as the hub, initially cateri...
Hero Electric raises Rs 160 crore from Alpha Capital Advisors"This is our first external fund raising. Till now, we had only raised funds internally. The raised capital will be utilised to set up a ne...
Hero Motocorp plans aggressive foray into electric vehicles marketHero Electric, which was part of the earlier larger Hero group before the family settlement nearly 9 years ago, is already into electric tw...
Hero Electric eyes capacity expansionThe electric two-wheeler maker will invest Rs 700 cr over the next three or four years in the hope that EV demand picks up.