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 ...
12 Apr, 2026, 09.06 PM IST
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 ...
04 Apr, 2026, 06.24 AM IST
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...
14 Oct, 2024, 11.43 PM IST
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...
13 Jun, 2024, 11.35 AM IST
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...
09 May, 2024, 05.42 PM IST
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 ...
22 Jan, 2023, 02.20 PM IST
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...
21 Jul, 2022, 08.57 PM IST
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...
04 Jul, 2022, 02.15 PM IST
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.
29 Apr, 2022, 05.44 PM IST
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...
29 Apr, 2022, 03.38 PM IST
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...
04 Apr, 2022, 03.58 PM IST
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 ...
01 Mar, 2022, 01.04 PM IST
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...
22 Sep, 2021, 04.17 PM IST
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...
11 Feb, 2021, 02.59 PM IST
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...
11 Dec, 2018, 10.50 AM IST
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...
24 Mar, 2018, 01.48 PM IST
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.
06 Feb, 2018, 10.01 AM IST