Electric announced the rollout of its first batch of electric scooters from
Mahindra Group’s Pithampur plant in Madhya Pradesh. Earlier this year, Hero
Electric had announced its 5-year partnership with Mahindra as part of its
growth and expansion plans to cater to the growing demand for E2Ws in the
part of the strategic alliance, two very popular Hero electric bikes – Optima
& NYX will be manufactured at the plant in Pithampur. Beyond sharing space
to build vehicles, the partnership between both would provide a platform for
jointly working to develop and share the supply chain for all new electric
offerings. Both companies will bolster this alliance and share their R&D
expertise to develop newer technologies and products for domestic and overseas
Gill, CEO, Hero Electric said, “We strongly believe in like-minded strategic
partnerships to offer “true value for money” products in electric mobility. Our
20 plus strong relationships with preferred partners in the field of charging,
servicing, rapid charging, swapping etc are helping us build a robust EV
ecosystem not only for us but for the whole EV category. Tie-up with Mahindra
is one such alliance that we are proud of. The two teams have been working
closely for seamless integration of the manufacturing process and offer to the
customer the same level of global quality that are produced from our Ludhiana
plant. With this tie up, we are now well on our way to the half a million
capacity that we had planned few months back.”
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