Hero became the largest two-wheeler manufacturer after selling 7,000 units of City-Speed electric scooters in the Indian market last November. There was a big jump compared to last year as only 1,169 two-wheelers were sold in November 2020. They have sold more than 50,000 electric scooters in 7 months in 2021, breaking record after record in the Indian market.
Hero Electric City-Speed Details
Hero offers many models of electric scooters and one of them is City Speed. The City Speed is a low-power long-range electric two-wheeler that is ideal for the Indian market. The company claims that the City-Speed range is up to 210 km on a single charge because it is equipped with an efficient drive system.
The vehicle can carry a lot of weight in front of the electric scooter and the low operating costs make it ideal for B2B customers. According to Hero, the smart features of City Speed like range, weight, load-carrying capacity, and battery swapping system are the reasons many people invest money in EV bikes.
Hero declared to the government, the festival season is another reason for the increase in sales and production within the company. They aim to cover more of the electric space by selling more scooters by March 2022 and maintain its leading position in the Indian market.
Future of Hero City Speed & Other EV’s
India's auto industry has fallen by more than 2% in recent months, but as observed by the EV Observed, the electric industry continues to grow not only in the country but across the globe. The future of 2 and 4 wheeled vehicles seems to be for electric players, which is why companies like Hero are focusing more on eco-friendly vehicles.
Better awareness and infrastructure is leading people to work for the environment and switch from gasoline and diesel fuel to green energy sources. This upward trend of growth will not stop, and companies like Hero can expect more growth, competition, and demand in the future for electric vehicles.
