Hero MotoCorp is going to step up its electric vehicle (EV) play in 2024 by launching three electric scooters — in ‘mid’, ‘affordable’, and ‘business-to-business (B2B)’ segments — chief executive officer (CEO) Niranjan Gupta said on Tuesday.
Currently, India’s largest two-wheeler maker sells only one electric scooter, ‘Vida’, which was launched in October 2022.
Ola, TVS Motor, Bajaj Auto and Ather currently dominate the Indian electric scooter market, collectively holding an 80 per cent share.