Mahindra To Collaborate With Hero Electric To Produce Mass Market EVs

Mahindra To Collaborate With Hero Electric To Produce Mass Market EVs-

Hero Electric which is India’s no.1 EV company and the Mahindra group has announced their collaborative intent as part of Hero’s growth and expansion plans to cater to the ever growing demand for EVs in the country. So basically Mahindra and Hero Electric ke iss collaboration ke under Indian EV market ke liye mass market electric vehicles design and produce kari jayengi in India itself.

Mahindra To Collaborate With Hero Electric | All Details About This Partnership-

Hero Electric Optima
Hero Optima

Iss partnership ke under Mahindra group manufacture karega Hero Electric ki most popular electric bikes Optima and NYX at their Pitampur plant to meet growing demands of the market. Iss collaboration ki help se Hero Electric ke Ludhiana plant ka expansion hoga and saath hee saath brand ki apni demand of manufacturing 1 million EVs per year bhi puri kar payega by 2022.

Mahindra and Hero Electric ki iss partnership announcement par Managing Director of Hero Electric, Mr.Naveen Munjal ka kehna kuch iss prakar tha:

“This coming together of two industry leaders is to further enhance the manufacturing capabilities to meet demand and utilize Mahindra Group’s robust supply chain to reach newer centers in the country. The long-term partnership will also see both the companies make the most out of each other’s deep knowledge of EVs and drive new product development in the next few years. We look forward to creating more synergies with them in the near future.”

Hero Electric NYX
Hero NYX

Mahindra group and Hero Electric ke iss joint development efforts key factor honge in developing the platform approach to help electrification of the Peugeot Motorcycle’s portfolio. Yeh collaboration significant value laegi for both parties through optimization of costs, timelines, and shared knowledge in this dynamic, fast growing global EV environment.

Mahindra and Hero Electric create karenge seamless channel of communication to promote knowledge sharing among the R&D teams jisse help milegi to build new products and technologies. Yeh sab developments kari jayengi Indian and global markets ko dhyaan mei rakhte hue jisse future growth kaafi fast hogi EV environment including its adoption.

About Hero Electric-

Hero Electric hain India ka largest and oldest electric two-wheeler manufacturing company and apne products manufacture karti hain at its plant jo located hain in Ludhiana. Hero Electric ke portfolio ki agar baat kare toh it sells a wide range of e-scooters and with 750 and rapidly expanding sales and service outlets yeh brand kaafi trustworthy banta jaa raha hain in the growing EV market.

Hero Electric

Hero Electric ke paas bahot saare industry first technologies hain in the development and issi ki wajah se Hero ne launch kari hain first lithium ion based battery based electric scooters in India and also a unique concept of charging anywhere and everywhere charging. With over 4.5 lakh electric two wheelers in India, iss company ne crucial role play kiya hain in delivering sustainable travel solutions over the past 15 years.

About Mahindra Group-

Mahindra Verito

Founded in 1945, Mahindra Group sabse bada and most admired multinational federation of companies with 2,60,000 employees in over 100 countries. Mahindra group manufacture karta hain utility vehicles, farm equipment, information technology and has leadership position in finance as well. Mahindra hain world’s largest tractor company by volume and it has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate.


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