Hero Electric partners with Alt Mobility to deploy 10,000 e2Ws

Date: 26 Jan 2022

 India’s No. 1 electric two-wheeler company, Hero Electric has partnered with ALT Mobility, India’s first dedicated platform for leasing of electric vehicles for the logistics market. Under the collaboration, both the companies will work with logistic aggregators and fleet operators to deploy 10,000 Hero Nyx e-2W by 2023.

The logistics and the last-mile delivery segment is growing at an unprecedented pace and makes for an apt section for green mobility shift to cut emissions.  With the Government’s push to convert delivery segment vehicles to EV, Hero Electric has been fronting the switch through multiple B2B partnerships. Expanding the EV ecosystem, the electric two-wheeler manufacturer will continue such collaborations to attain mission ‘Zero Emission.’

ALT Mobility offers two and three-wheeler electric vehicles on an affordable monthly subscription to fleet operators. They cover the financing, road tax, auto insurance, and service and spare costs of the EVs – a full turnkey service for reducing the high costs and complexities of fleet electrification.

Sohinder Gill, CEO, Hero Electric, said, “With the changing market scenario and increased preference for the electric vehicle, we have understood the crucial need to boost EV adoption. We are witnessing more and more businesses opting for cleaner solutions to reach their consumers. At Hero, we strive to provide 360-degree solutions to our B2B customers through our strong network presence across India. This association will aid us in enabling carbon-free mobility in the logistics market and cater to consumer needs of last-mile delivery offered by ALT Mobility.”

Dev Arora, CEO of ALT Mobility, further added, “We have conducted extensive tests on the ground and spent several months with the Hero Electric team before building our conviction that the Hero Nyx EV is a bankable vehicle for intensive logistic operations.To further boost the bankability ofelectric vehicles, we connect our fleetswithintelligent sensors and technology platform to map vehicle to our partners, manage trips, conduct health and diagnostics, provide service alerts, and improve rider behaviour to get the maximum performance and life from the vehicle.”

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