electric two wheeler manufacturer in the country Hero Electric has been hit by
global chip shortage which has resulted in the company recording zero
dispatches in April 2022. This has further increased the waiting list for its
customer to 60 plus days and some of the dealerships have no stock to display.
over the automotive industry is continuing to struggle with chip shortage
leading to loss of production for several companies.
Gill, CEO, Hero Electric, said,” It’s like putting an emergency brake on a fast
moving train. Our sales were almost doubling month on month and we somehow
managed with sourcing from different geographies but the war collapsed a major
supply chain resulting in this disruption”.
Gill assured that the company has geared up
alternate sources and would soon resume production. Meanwhile, he noted that
the company is using this time to enhance its plant capacity at Ludhiana and
Pithampur so as to increase production volumes as well as revisit the company’s
systems and processes related to batteries to further reinforce the quality
assurance of the e-bikes.
recent happenings of fire incidents is a wake-up call for the industry and Hero
Electric believes that even the best of the companies should introspect and constantly improve their designs and
quality to repose confidence in the electric mobility that is going through
such a robust growth path.
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