Hero MotoCorp to launch its electric 2-wheeler by March 2022

Hero MotoCorp’s electric 2-wheeler will be manufactured in Chittoor, Andhra Pradesh.

Hero MotoCorp has confirmed its plans to launch an electric 2-wheeler in the Indian market.

Hero MotoCorp’s electric 2-wheeler project is in the advanced stages. It will be manufactured at the company’s Chittoor plant in Andhra Pradesh. The new product will be launched by March 2022.

Hero MotoCorp’s Chittoor factory is said to be eco-friendly and employs sustainable manufacturing practices. The company will also develop an integrated ecosystem for battery pack manufacturing and testing, vehicle assembly and vehicle end of line testing (EOL).

The bike maker has also announced its financial results for Q2 FY2022. The company’s total sales volume was up by 40.4% to 14.38 lakh units. Net revenue grew by 54.1% to Rs. 8,453 crore, while net profit stood at Rs. 794 crore.

Image source: 91wheels

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