Indian E2W brand Hero Electric announced the rollout of its first batch of electric scooters from Mahindra Group's Pithampur plant in Madhya Pradesh. Early this year, the company had inked a 5-year strategic alliance with Mahindra as part of its expansion plans to cater to the growing demand for E2Ws in the country.
As per the partnership, Hero electric's 'Optima' and 'NYX' models of e-scooters will be manufactured at the Pithampur plant. Beyond sharing space to build EVs, the partnership also includes scope for jointly working to develop and share the supply chain for all new electric offerings.
Speaking on the announcement, Sohinder Gill, CEO, Hero Electric, said, "We strongly believe in like-minded strategic partnerships to offer true value-for-money products in electric mobility. Our 20 plus strong relationships with preferred partners in the field of charging, servicing, rapid charging, swapping etc are helping us build a robust EV ecosystem not only for us but for the whole EV category. Tie-up with Mahindra is one such alliance that we are proud of".
He further added that the two teams have been working closely for seamless integration of the manufacturing process and offer to the customer the same level of global quality that are produced from our Ludhiana plant. "With this tie up, we are now well on our way to the half a million capacity that we had planned few months back".
Both companies have vowed to share their R&D expertise to develop newer technologies and products for domestic and overseas markets. Although Mahindra doesn't have any E2Ws for the domestic market, the company manufactures electric two-wheelers for Peugeot brand at the Pithampur plant meant for international markets.
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