{"id":495682,"date":"2022-06-02T10:49:02","date_gmt":"2022-06-02T05:19:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=495682"},"modified":"2022-06-02T13:43:04","modified_gmt":"2022-06-02T08:13:04","slug":"hero-motocorp-skids-4-as-supply-roadblocks-compel-delay-of-first-ev-2-wheeler-launch","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/hero-motocorp-skids-4-as-supply-roadblocks-compel-delay-of-first-ev-2-wheeler-launch\/","title":{"rendered":"Hero Motocorp skids 4% as supply roadblocks compel delay of first EV 2-wheeler launch"},"content":{"rendered":"<p>Shares of Hero MotoCorp NSE -3.48 % slid 4.3 per cent in early trade on Thursday after the two-wheeler giant deferred the launch of its first electric two-wheeler on account of supply constraints amid geopolitical tensions.<\/p>\n<p>The automobile major had earlier announced that its EV, under the &#8216;Vida&#8217; brand, would be launched in July.<\/p>\n<p>Hero Motocorp\u2019s scrip fell to a low of Rs 2,640 as against Rs 2,758.55 at the previous close on the BSE. The stock was last trading 2.4 per cent lower. <\/p>\n<p>The company said its customer-centric approach, combined with the shortage in availability of key manufacturing components, has forced it to postpone the EV launch till the &#8220;festive season&#8221; later this year, reports said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Hero MotoCorp NSE -3.48 % slid 4.3 per cent in early trade on Thursday after the two-wheeler giant deferred the launch of its first electric two-wheeler on account of supply constraints amid geopolitical tensions. The automobile major had earlier announced that its EV, under the &#8216;Vida&#8217; brand, would be launched in July. Hero Motocorp\u2019s scrip fell to a low of Rs 2,640 as against Rs 2,758.55 at the previous close on the BSE. The stock was last trading 2.4 per cent lower. The company said its customer-centric approach, combined with the shortage in availability of key manufacturing components, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-495682","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/495682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=495682"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/495682\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=495682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=495682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=495682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}