Hero MotoCorp

9 EV Financing Startups in India Accelerating EV adoption

The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […]

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Fintech platform Rupyy Partners with OEMs for Foray into EV Financing

Rupyy, a FinTech platform, recently announced its foray into the electric vehicle (EV) financing segment. The firm claims says it is building on its mission to revolutionize the financing experience for all vehicle financing categories, Rupyy has partnered with original equipment manufacturers (OEMs) and multi-brand outlets (MBOs) in the EV industry to offer flexible and […]

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Hero Electric Revenues Go Past Rs 850 Cr in Fy22

On the back of a 2.8X surge in operating income, Hero Electric has ascended to top position in the electric vehicle ecosystem in terms of revenues during FY22. Okinawa and Ather posted Rs 822 crore and Rs 408 crore topline respectively while Hero Electric generated Rs 841 crore from its operations in FY22 even while […]

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Taiwan’s Gogoro Inc Partners with Hero MotoCorp to Enter EV Market

Taiwan-based electric vehicle company, Gogoro Inc has collaborated with another electric two-wheelers company Hero MotoCorp and plans to launch its products in India’s rapidly developing EV market. According to the company’s chairman and CEO, Horace Luke “The arrangement with Hero MotoCorp, which also includes the development of a battery-swapping network, does not restrict it from […]

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Launch Of Vida V1: Hero Motocorp Officially Enters EV

India’s largest two-wheeler manufacturer, Hero Motocorp, has finally entered the electric vehicle market with the launch of its pioneer in the sector, Hero Vida V1. Hero launched its first EV model V1 electric scooter at a starting ex-showroom price of Rs 1,45,000 under its new brand Vida on October 7. The scooter comes in two […]

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Hero MotoCorp & Hindustan Petroleum Collaborate to Bolster EV Charging Infrastructure

New Delhi-based motorcycle and scooter manufacturer, Hero MotoCorp and Hindustan Petroleum Corporation Limited (HPCL) have collaborated to establish charging infrastructure for Electric Vehicles (EVs) in across India.  This partnership will help mass mobility transition to an electrified future by establishing charging stations for two-wheeled electric vehicles (EVs) across the nation. This partnership between the two […]

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Exponent and Alitigreen Launches Fast Charging EV Three-Wheeler

Bengaluru-headquartered EV start-up company, Exponent Energy has announced partnership with Alitigreen for launching a new EV three-wheeler. Through this collaboration, both the companies (Exponent Energy and Alitigreen) will make rapid charging a reality for EVs on Indian roads. They claim that the fastest charging electric 3- wheeler rapid charges from 0-100% battery capacity within 15 […]

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BluSmart raises $50 million to expand its electric car fleet

BluSmart, an electric ride-hailing platform from the promoters behind Renewable firm Gensol, has announced that it has raised $50 million and it will utilize the funds to purchase 5,000 more electric cars in order to scale up its electric vehicle hubs. The funds raised comprise a mix of equity and venture debt. BluSmart calls itself […]

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