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Hero Electric and Mahindra Group previously signed a 5-year partnership to grow and expand
The electric vehicle (EV) manufacturer Hero Electric on Monday said it had released its first batch of e-scooters at the Mahindra Group production facility in Pithampur in Madhya Pradesh.
Earlier the company signed a five-year partnership with Mahindra as part of its growth and expansion plans to meet the growing demand for two electric wheels in the country.
As part of a strategic alliance, Hero Electric will manufacture its two e-bikes – Optima and NYX – at Mahindra’s Pithampur factory.
Hero Electric is announcing the release of its first batch of electric scooters at the Mahindra Group’s Pithampur factory in Madhya Pradesh, the company said in a statement.
“We strongly believe in a common sense of supply of” real value “products in the flow of electricity. EV, ”said Sohinder Gill, CEO, Hero Electric.
The merger with Mahindra is one of the co-operatives that the company is proud of, says Gill, adding that the two groups worked closely together to integrate the production process and provide the customer with the same level of global quality production. from the Ludhiana plant.
“With this merger, we are now on our way to the half a million we had planned a few months ago,” he said.
In addition to sharing the automotive space, the partnership between the two will provide a platform for collaboration to develop and share a supply chain for all new power supplies, according to the statement.
Both companies will strengthen the alliance and share their R&D technology to develop new technologies and products for the domestic and overseas markets, he said.