Hero Electric attains 1 lakh unit sales milestone for the second year in the row for FY23
The company has crossed the Rs 1,000 crore turnover with a 20 percent increase over the previous year.
India’s largest electric two-wheeler manufacturer, has crossed the 1 lakh unit sales mark for the second consecutive financial year, on the back of its varied and revamped product portfolio.
Hero Electric has introduced a focused range of five platforms (Photon, Optima, NYX, Eddy and Atria), with multiple variants catering to the diverse requirements of riders.
It has taken a step towards connected vehicle technology by recently launching three new products - Optima CX5.0 (Dual Battery), Optima CX2.0 (Single Battery), and NYX (Dual Battery). The latest Hero Electric two-wheelers boast a best-in-class optimised powertrain, and enhanced safety.
The press release notes that the company has crossed the Rs 1,000 crore turnover with a 20 percent increase over the previous year.
Sohinder Gill, CEO of Hero Electric, said they we, " At Hero Electric, we are committed to providing the best-in-class electric mobility solutions that are not only environment-friendly but also convenient and affordable. The 3 new models that we launched are in line with our philosophy to offer the most meaningful mobility solutions to a value conscious customer."
With the Government's push towards promoting electric vehicles and the increasing demand for clean and sustainable mobility solutions, Hero Electric is well-positioned to strengthen its position as a leading player in the industry.
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