Hero MotoCorp who is India’s largest two wheeler manufacturer and also the largest two-wheeler producer in the world is gearing up well for the electrified future. Hero MotoCorp is already working on multiple electric two wheelers according to company Chairman, Pawan Munjal.
In an address in Hero MotoCorp’s annual report, Pawan Munjal has said that the company is well geared up to face the growing challenges of electric vehicles around the world, shared mobility and connected two-wheelers.
However, he did make a specific remark that the government should be more practical in the adoption of electric vehicles. The Indian market is still not ready for electric vehicles and a lot of infrastructure needs to be established before that. This comment seems to have come particularly on the backdrop of government’s think-tank, Niti Aayog insisting that all two-wheelers below 150 cc should be electric by the year 2025.
Pawan Munjal, Chairman Hero MotoCorp, said in the company’s annual report, “We highly appreciate and whole-heartedly support the Indian government’s vision of a more sustainable and environment-friendly future. We, therefore, propose a more cautious, clear and realistic roadmap towards the adoption of EVs. The scale and timing of the adoption need prudent deliberations and we will gladly support all stakeholders in this process,”
“The entire world is adopting the global mobility trends of electrification (EVs), shared mobility and connected two-wheelers. The company is working on several EV projects and is fully geared up for this challenge.” Hero MotoCorp has also made a sizeable strategic investment in the electric two-wheeler manufacturer, Ather Energy. Ather Energy is a start-up based out of Bangalore and they have already launched a range of electric-scooters in the market.
These new electric two wheelers are being developed at Hero MotoCorp’s R&D facility at Jaipur, called the Center of Innovation and Technology. However, it is not known as to which stage of development these new electric two wheelers are in right now. Hero MotoCorp is not the only one in this race of electric two-wheelers.
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TVS too has been developing their own range of electric two-wheelers. The first production electric scooter from TVS is likely to be based on the concept Creon that was showcased at the Auto Expo 2018. Also, Bajaj Auto has been working on electric two-wheelers and electric mobility systems under the Urbanite vertical.