Hero Electric leads the electric two-wheeler segment India: Highest selling EV company

Image of hero electric MD Naveen Munjal with a hero electric scooter as the company leads the electric two wheeler segment in India

The latest JFK Research findings showed that the world’s no. 1 two-wheeler manufacturing company is now the country’s top-selling two-wheeler EV company “Hero Electric” with over 65000 sales in 2021.

Highlights:

  • Hero Electric leads the EV seller position in India.
  • The JFK research gave Hero Electric the title of “ India’s No.1 EV company” with over 65000 sales in 2021.
  • The company plans to have over 20000 EV charging stations in India.

After selling four lakh EVs so far despite the Covid-19 pandemic, and acquiring a market share of a respectful 36% of India’s EV market, the latest findings of JFK research stated that Hero Electric is at the top in terms of preference of the Indian EV buyers. 

The company launched a campaign “India’s No. 1 EV Company” to celebrate this auspicious moment.

Talking about the achievement, the Managing Director of Hero Electric Naveen Munjal said “We are delighted and thank everyone for their support in making Hero, India’s no.1 electric two-wheeler brand.”

READ MORE: Financial analysis of Electric Vehicle market in India.

“Consumers are becoming more aware to make greener choices that motivate us further to drive the mobility shift. There is an increased demand for EVs over the last few years that has helped us to stay India’s largest EV brand. With our varied product offerings and support from the Government, we are leading the change to transform the automotive two-wheeler market and stand at the forefront of this dynamic sector.” said Naveen Munjal.

image of hero electric scooters as they became the leading electric two wheeler company in India
Hero Electric leads the two-wheeler segment in India with over 65000 sales in FY 2021

Despite the ongoing pandemic, it is seen that the company has still managed to sell over 65000 unit electric scooters since January 2021, and hero electric leads the EV segment in India.

With a roadmap to add over 20,000 EV charging stations across India, the company currently has about 2000 EV charging stations. This shows the company’s eagerness to build a better charging infrastructure.

The CEO of Hero Electric, Sohinder Gill said “It’s the time to thank our customers who reposed trust in our products and the brand Hero in our journey to the top. I believe that No.1 comes with lots of responsibilities of being the role model for conducting our business in a fair and equitable manner that benefits the Customer, the Society, and the Environment. As a leader, we will continue to strive for the growth of an ecosystem that supports the easy and faster transition to electric mobility. India is on the cusp of a major revolution in sustainable and zero-carbon transport and we would very much like to be a significant contributor in making our world a better place to live and breathe.”

Himalaya Dhungel

1 thought on “Hero Electric leads the electric two-wheeler segment India: Highest selling EV company”

  1. Pingback: Hero Electric Partners with Mahindra Group for EV Development in India.

Leave a Reply

Your email address will not be published. Required fields are marked *