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Hero MotoCorp's Pawan Munjal invests $1 million in Ola Electric Mobility

By : Sustainability ..., Mar 16, 2020

Pawan Munjal, the chairman and managing director of Hero MotoCorp, has invested about $1 million in Ola Electric Mobility through his family trust. Hero MotoCorp, which sells one of every two motorcycles locally, said recently it would spend Rs 10,000 crore on alternative...

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Hero MotoCorp to invest Rs 10,000 crore in 7 years; aims to go carbon neutral by 2030

By : Sustainability ..., Feb 19, 2020

India's largest two-wheeler manufacturer Hero MotoCorp on Tuesday said it plans to invest up to Rs 10,000 crore in the next 5-7 years towards new products, alternate mobility solutions, manufacturing facilities, network expansion and brand building as it aims to hold on to...

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Back on EV trail, Hero MotoCorp set to launch Duet

By : Sustainability ..., Jan 30, 2020

Close on the heels of launches by Bajaj Auto and TVS Motor Company, India’s largest two-wheeler maker Hero MotoCorp is getting ready to launch its first electric scooter Duet E. The maker of Splendor and Passion could be launching the battery powered scooter in the next few...

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Hero Cycles seeks incentives under FAME2, to promote its e-bikes

By : Sustainability ..., Sep 18, 2019

Country’s biggest bicycle maker Hero Cycles on Tuesday said that if electric bicycles come under the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME2 Scheme), the company can bring more products at lower cost, as low as ₹10,000. “I want to ask the...

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