Hero Cycles acquires German e-bike pioneers HNF Group

Indian bicycle major Hero Cycles Ltd has acquired a strategic stake in German premium e-bike manufacturer HNF Group. Hero Cycles has taken this stake together with German investment trust holding IBG Beteiligungsges...

Hero Electric launches Avior e-cycles for Rs.19290

Hero Electric has launched Avior e-cycles in India bringing highly affordable eco-friendly mobility technology from Germany to the country for the first time. The male oriented Avior AMX will cost Rs. 19,290/- and t...

MIFA files for insolvency; Hero Cycles deal off

Mitteldeutsche Fahrradwerke AG (MIFA), a leading bicycle maker based in Germany has not only called off its business deal with India-based Hero Cycles (part of OP Munjal Group) but has also filed for insolvency afte...




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