New Delhi. Indian electric vehicle company Hero Electric is making new records of profit this year. After October, now the company has registered great sales in November as well. According to a recent report, the company has made a total of 7,000 units of electric scooters last month. This stellar performance in sales has generated tremendous enthusiasm for the company.
Reasons for Hero Electric’s record sales
While people were troubled by the revised FAME II policy and the rising price of petrol and diesel, the demand for electric vehicles also increased. The subsidy on electric vehicles is also given by the government more than on petrol-diesel vehicles. Keeping all these things in mind, Hero Electric has registered a great sales in this segment with emphasis on its electric vehicles such as e-scooters, e-bikes and e-cycles.
work on meeting the demands of the people
Sohinder Gill, CEO, Hero Electric said, “At Hero Company, we are witnessing a strong adoption of electric vehicles in India and strong consumer confidence for electric mobility solutions. Keeping in view the increasing demand for electric vehicles along with the policies and help of the government, we are working to meet this increasing demand. So, we expect the company to perform even better by the end of the year.”
Role of Hero Electric
Sohinder Gill added, “To reach the 1 million sales mark in the next five years, Hero Electric continues to play its part in contributing to a carbon-free future for mobility in India. At the same time, the company is working diligently towards expanding its product portfolio and sales touchpoints, investing in new technologies and developing the electric vehicle infrastructure in India.”
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