Electric Vehicles in India from Hero Group

Hero Group formed its division Hero Electric in India which is now set to introduce seven electric models in the country. it will introduce an array of electric vehicles this year within a period of next two months. According to the company Managing Director, Naveen Munjal, Hero Electric intends to launch two electric models in the high speed segments which will be able to achieve 45kmph speed. Other electric vehicles will give 25kmph speed.

Hero Electric currently has nine models in its firm comprising of Maxi, Optima Plus, and the latest model, Wave. Now it intends to increase the product strength by adding 7 more models in its product portfolio.

Here Electric also intends to increase its dealership network in India to cater to the rising customer demands for electric vehicles.

• Sensex resurrects with Bharti and Hero Honda gaining significantly           December 28, 2011
• Hero MotoCorp registers more than expected results in Q2 FY11           October 20, 2011
• Hero Impulse – the first Hero brand bike priced at Rs 66,800           October 19, 2011
• Hero Group signs new licensing agreement with Honda to use its technologies           May 06, 2011
• Hero Group to raise Rs 3,650 crore by selling 29 pc stake in HIPL           March 21, 2011
• New Electric Scooter from Hero Electric           December 09, 2009
• Hero Group Launches New Electric Vehicle E-Sprint           September 29, 2009
• Electric Vehicles in India from Hero Group           February 18, 2009