Hero Electric unveiled the first batch of electric scooters from Mahindra Group’s Pithampur manufacturing facility in Madhya Pradesh on July 4. The EV maker had earlier signed a 5-year partnership with Mahindra as part of its growth and expansion plans to meet the growing demand for electric two-wheelers in the country. Hero Electric will manufacture two of its e-bikes – Optima and NYX – at Mahindra’s Pithampur plant.
“Hero Electric announces the rollout of the first batch of its electric scooters from Mahindra Group’s Pithampur plant in Madhya Pradesh,” the company said in a statement. “We strongly believe in a like-minded strategic partnership to provide” true value for money “products in electric mobility. The ecosystem is not just for us but for the entire EV category, ”said Sohinder Gill, CEO of Hero Electric.
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The alliance with Mahindra is an alliance that the company is proud of, Gill added, adding that both the teams are working closely for the integrated integration of the manufacturing process and delivering the same level of global quality to the customer. From our Ludhiana plant.
“With this connection, we are now moving towards the half-million capacity that we planned a few months ago,” he said. In addition to sharing space to build vehicles, the partnership between the two will provide a platform to work jointly to develop and share a supply chain for all new electric offerings, according to the statement.
The two companies will strengthen the alliance and share their R&D expertise to develop new technologies and products for the domestic and overseas markets, he said.
(With PTI inputs)