Hero Electric to open 300 new showrooms in India by 2022-end?
Electric two-wheeler manufacturers have been rapidly growing to fulfil customer demand, based on a category growth prediction of 20% over the next five years.
Hero Electric, India's leading EV two-wheeler firm, aims to reach 1000 sales touchpoints by the end of fiscal year 2022. Due to the increased demand for electric two-wheelers, the company plans to build 300 additional sales touchpoints around the country. Consumer-friendly regulations from the federal and state governments, improved infrastructure, and more knowledge are driving the trend. Electric two-wheeler manufacturers have been rapidly growing to fulfil customer demand, based on a category growth prediction of 20% over the next five years.
Furthermore, Hero Electric has announced a manufacturing capacity increase in order to more than quadruple its sales from the previous fiscal year. A strong second quarter set the tone, with its 700+ sales and service network seeing record traffic across 500+ Indian cities. Rising demand has sparked the curiosity of entrepreneurs and seasoned auto industry dealers in enquiring about and establishing Hero Electric outlets in some of the country's most isolated cities.
Sohinder Gill, CEO of Hero Electric, commented on the development, and said they strongly think that a sturdy and well-equipped network is the key to a delighted consumer. He added that their well-trained sales and service representatives are available to answer any questions a client may have about our Electric Scooters' operation, usage, and maintenance.
The network expansion is a promising indicator for the electric car market, and it has piqued the interest of dealers who want to help Hero Electric drive the green mobility revolution.
The electric two-wheeler producer claims a significant increase in queries from entrepreneurs and traditional ICE dealers about establishing company-specific huge showrooms near highways for increased visibility and footfall. Hero Electric provides the Atria and Flash in comfort speed sectors, and the Optima HX and NYX HX in city speed segments, which continue to be the most economical EVs in the 2W category, responding to a wide range of rider needs.