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Hero Electric rides a festive high with 100% jump in Retail Sales

Hero Electric records 24,000 unit sales during Oct 01, - Nov 15, 2021 festive period

Chethan Thimmappa by Chethan Thimmappa
November 24, 2021
in Bikes, Hero Electric
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Pioneering the EV sector for the last 14 years, Hero Electric has introduced products that cater to a wide customer base and their varied commuting requirement. Riding on the festive cheer, the largest electric two-wheeler company clocked 24,000 retail sales. Compared to last year, Hero Electric’s festive sales stood at 11,339-units for the period of October 01 – November 15, 2020.

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The recent amendment in FAME II policy and rising fuel prices has propelled the demand for electric vehicles resulting in heightened demand. With strong government support to the sector, EVs are redefining the mobility space in India and are now receiving preference for commuting with better infrastructure and awareness.

Mr. Sohinder Gill, CEO, Hero Electric, said, 

“We saw two clear indicators in our showrooms this festive season. A significant percentage of customers chose Hero E bikes over the Petrol bikes and many factored environment and sustainability as influencing factors in their purchase. This is a good indicator for Hero and the E2W industry to step into an exponential growth and bring around an EV revolution that will help reduce air pollution and make our cities a better place.

Hero Electric’s ‘30 days, 30 bikes’festive offer aided the upward sales momentum during this period. Under the offer, every day one lucky customers purchasing a Hero Electric two-wheeler got a chance to ride home their vehicle free, further fostering the spirit of a pollution-free festive season.

Advertisement. Scroll to continue reading.

Pursuing a strong sales target and market share by the end of FY2022, Hero is targeting 1 million customer in the near future. As a market leader, Hero continues to further its efforts to develop a robust EV ecosystem by installing charging infrastructure in major cities and training thousands of mechanics across India who are presently servicing petrol bikes.

You can add more to this story by commenting below.

RECOMMENDED FOR YOU:

  1.   Hero Electric crosses 50,000 unit sales mark for FY21
  2.   Hero Electric opens new dealership “EV Auto House” in Mysore (Karnataka)
  3.   Hero Electric commences new festive offer – ‘30 days, 30 bikes’
  4.   Hero Electric records 6500 unit sales in September 2021
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Chethan Thimmappa

Chethan Thimmappa

I cover latest automobile news in India with special focus on cars and bikes. Please send me an email to [email protected] for any enquiries.

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