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.”
Government initiatives to boost the adoption of electric vehicles have been a major factor in the growth of the industry, and Hero Electric has benefitted massively from it. Being the largest two-wheeler manufacturer in the country, Hero could leverage its massive infrastructure and sales outlets, which have converted to 700 sales and service outlets for Hero Electric.
The most affordable in the range is the Hero Electric Optima HX Single battery variant and features a digital instrument cluster, telescopic suspension, alloy wheels, detachable battery, LED headlamps, and regenerative braking. The battery can be charged in 4-5 hours and offers a range of 82km powered by the 550W motor; the dual battery variant has a range of 122km. The Optima HX (Single Battery) is priced at Rs 55,000 (ex-showroom).