EV Maker Ampere Sells 79,000 scooters in Fy22, Revenue Crosses Rs 500 Cr Updated On Wed, Feb 22nd, 2023 by Saurenergy Two wheeler EV maker Ampere has emerged as the second largest player in the segment in terms of vehicles sold during FY22. The company managed around three-fold growth in its gross scale with improved economics in the same period. Ampere offers Primus, Magnus EX, and Zeal EX e-scooters and it made a 98.8% collection from […] Read more
Hero Electric To Source Battery Management Systems From Maxwell Energy Updated On Tue, Jan 24th, 2023 by Saurenergy Hero Electric has announced that it has entered into a long-term partnership with the EV solution provider Maxwell Energy for the procurement of advanced battery management systems (BMS). Under the new partnership, Mumbai-based Maxwell Energy will supply for the coming three years its advanced battery management systems to Hero Electric. As per the announcement, Hero […] Read more
The Top 5: Electric Two Wheelers Under ₹1,25,000 Updated On Wed, Jan 18th, 2023 by Saurenergy The age of EVs is here and talking about the Indian transition to this green mobility trend is incomplete without bringing into the picture substitutes for two ICE two-wheelers, one of the most important types of vehicles on Indian roads. However, affordability is important if electric two-wheelers (e2w) have to replace conventional options. Until December […] Read more
Exicom to Supply 5L Battery Management Systems to Hero Electric Updated On Wed, Jan 4th, 2023 by Saurenergy An agreement has been inked between Exicom and Hero Electric under which the former will sell its battery management system (BMS) to the latter. Exicom is a manufacturer of electric vehicle charger and lithium-ion battery while Hero Electric is a leading EV maker in India. As per the terms of the agreement, Hero Electric is […] Read more
Hero Electric Revenues Go Past Rs 850 Cr in Fy22 Updated On Mon, Dec 26th, 2022 by Saurenergy On the back of a 2.8X surge in operating income, Hero Electric has ascended to top position in the electric vehicle ecosystem in terms of revenues during FY22. Okinawa and Ather posted Rs 822 crore and Rs 408 crore topline respectively while Hero Electric generated Rs 841 crore from its operations in FY22 even while […] Read more
Battery-Swapping Firm Chargeup Hosts EV Mela in Delhi Updated On Mon, Oct 17th, 2022 by Saurenergy Recently in Delhi, battery-swapping company Chargeup held its first-ever EV Mela in Uttam Nagar, West Delhi. NBFCs, EV OEMs, e-commerce and food commerce businesses like Hero Electric, Lohia Auto, Shema Electric, GEM, PaisaLo, Zomato, Blinkit, Vahan, Rapido, and Uber were among the stakeholders that gathered at the special event. This was the first time a […] Read more
World EV Day: EV Market Closing Gap With ICE Vehicle Market Updated On Fri, Sep 9th, 2022 by Saurenergy It is that time – September 9, World EV Day. The day is marked as a significant event for the world that looks towards a future of clean transport. World EV Day is a global movement, a day of celebration of e-mobility, and a day to shift the transition to sustainable transport with consumer, business […] Read more
Hero Electric, Jio-Bp To Partner Up For Faster Electric Two-Wheeler Adoption Updated On Fri, Aug 26th, 2022 by Saurenergy In a development that is expected to boost electric vehicle (EV) adoption and mobility in India, Hero Electric is set to partner with Jio-bp to strengthen mobility solutions for electric two-wheelers. Under this proposed partnership, the customers of Hero Electric are expected to get access to the widespread charging and swapping network of Jio-bp, which […] Read more
Hero Electric Begins Construction Of Second Manufacturing Plant In India To Produce 2 Lakh Vehicles Updated On Mon, Jul 25th, 2022 by Saurenergy Country’s leading electric scooter company, Hero Electric has begun to build its second manufacturing plant adjacent to the existing facility in the country in Ludhiana, Punjab. Hero Electric Managing Director Naveen Munjal was quoted as saying, “We are very excited to announce our new manufacturing facility in Ludhiana given the exciting growth phase for the […] Read more
