Hero, the largest two-wheeler manufacturer in the nation, plans to enter the electric scooter industry with a bang. The company states that they plan to expand its electric two-wheeler line within the next one to two years.

Splendor Electric Models

The company intends to introduce a variety of electric bikes and scooters. The release of the Splendor electric model is currently being connected to this company’s remark. Electric Splendor has been widely discussed over the past few years, but the company has never responded. The corporation has talked about releasing its new items on the market even though it has not publicly discussed E-Splendour.

In parallel, the business began selling Vida in Delhi, Bengaluru, and Jaipur. The company introduced two Vida V1 e-scooter variations in October 2022: Pro and. At its Chittoor facility, the company manufactures both scooters.

The country’s largest two-wheeler manufacturing company Hero will make a big bang in the electric scooter market. According to the company, they are considering increasing their e-two-wheeler range within one to two years.

Splendor Electric Models

The company is bringing a variety of electric bikes and scooters for this. After introducing the electric Splendor model, the company’s assertion has come under scrutiny. Since a few years ago, Electric Splendor has been the subject of much talk, but the firm has never made a formal announcement. While the business hasn’t publicly discussed E-Splendor, it has talked about introducing new items to the market.

At the same time, the company has started selling Vida in Delhi, Bengaluru and Jaipur. Significantly, in October 2022, the company launched two variants, the Pro and the Vida V1 e-scooter. The company is producing both scooters at its Chittoor plant.

The company will also introduce many of its new products soon.

The company is eyeing a significant market entry this fiscal year, according to Swadesh Srivastava, the head of the company’s Emerging Mobility Business Unit. The business will also shortly unveil a number of its new items in addition to this.

Following this company statement, it might be challenging for businesses like Bajaj Chetak, TVS iQube, Ather Energy, Hero Electric, and Ola Electric. Srivastava asserts that the current market environment is ideal for launching a new brand and that Hero MotoCorp would be rebranded soon.

E two-wheeler sales were 6,28,671 units in 2022

He said that he has already launched Vida V1 in the market, and within three months, it will be launched in more cities. Along with this, its expansion is also being done across the country. According to Srivastava, there is tremendous growth in the electric two-wheeler market, and now the company has a great plan to enter it. He said the sale of e two-wheelers was 6,28,671 units in 2022, four times more than the 1,55,422 two-wheelers sold in 2021.

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