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Hero Cycles targets 5% of global e-bike market

By : Sustainability ..., Jan 20, 2020

Bicycle major Hero Cycles is riding on its overseas acquisitions to plan carve out a 5% share of the global electric bikes market. The company which has recently acquired a strategic stake in German premium e-bike manufacturer HNF Group — together with German investment trust...

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Hero Lectro plans full localisation of e-cycles by 1 year

By : Sustainability ..., Oct 29, 2019

Hero Cycle's e-bike brand Lecto E-Mobility Solutions plans to start manufacturing all its cycles and their accessories in India within the next one year. Speaking to IANS, Hero Lectro Director Aditya Munjal said that the company is investing on research and development (R...

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Hero, Bajaj, TVS strongly object Niti Aayog's move for all electric two-wheelers, say 'black or white, zero-one change' not possible

By : Sustainability ..., Jun 25, 2019

India's big three two-wheeler maker—Hero MotoCorp, Bajaj Auto and TVS Motor Co— on Monday hit out at Niti Aayog's plan to push for 100 percent electric vehicle, saying such a transition is...

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Hero Group Plans 1 Gigawatt of Indian Renewable-Energy Capacity

By : Sustainability ..., Sep 4, 2013

Hero Group, the parent of India’s biggest motorcycle maker, plans to build 1,000 megawatts of renewable energy capacity by 2017.

Its new unit, Hero Future Energies, completed its first 37.5-megawatt wind farm in Rajasthan state and has won a license to build a 10-...

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