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Hero MotoCorp to increase into Europe quickly | Autocar India

Written by Ravi Kapoor

The corporate plans to begin exporting its Vida V1 EV by the primary half of 2023.

Hero MotoCorp at the moment exports its merchandise to a complete of 29 international locations, a majority of which are in South America, together with just a few in Asia and Africa. The 2-wheeler maker is now planning on growing its presence in these markets in addition to increasing into Europe. 

  • Hero MotoCorp eyes European markets
  • Will begin with Vida V1 electrical scooter
  • Exports to start in 2023

Shifting into Europe would be the large speaking level as this would be the first ‘mature’ market the two-wheeler big would expands to. To take action, Hero plans to begin with its Vida V1 electrical scooter which was simply launched in India. EVs are gaining traction shortly and the Vida ought to provide sufficient efficiency and premium options to draw European consumers.

Exports of the Vida e-scooter ought to start by the primary half of 2023. Furthermore, Hero is at the moment creating a vary of 300cc plus fashions, which will even discover a place in superior markets like Europe. 

As soon as it commences exports of the Vida e-scooter, Hero might turn into India’s first EV maker to have its merchandise attain international shores. Firm chairman and CEO Dr Pawan Munjal additionally acknowledged that Hero has plenty of inquiries coming in from its worldwide manufacturing amenities in Colombia and Bangladesh.

The Vida V1 is Hero’s first electrical car and it’s bought below the brand new Vida sub-brand. Click on right here to observe our first impressions video.

About the author

Ravi Kapoor