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Hero Electric Latest News

The Government is seeking Rs 469 crore from seven electric two-wheeler companies over subsidies claimed under FAME-II while not meeting requirements.

Govt Considering Legal Options For Recovery Of FAME-II Subsidies From Electric Two-Wheeler Manufacturers

In response to the letter from the authorities, Hero Electric says the question of refunds ‘does not apply’; Okinawa denies receiving a notice.

FAME-II Controversy: Hero Electric Receives Notice For Subsidy Recovery

Compared to March, registrations of electric two-wheelers in India dropped by 23 per cent in the month of April as the industry continues to grapple with controversy over subsidies.

Electric Two-Wheeler Sales In April 2023: Overall Sales Dip Sharply, But Ola Sales Soar

Hero Electric CEO Sohinder Gill said that the company is looking for a speedy resolution with Rs 500 crore in subsidies withheld by the government.

Hero Electric: No Subsidy Recovery Notice Received; Looking Forward To A Resolution

In Financial Year 2022-23, Hero Electric sold over 1 lakh units and witnessed a 20 per cent in revenue over the previous fiscal year.

Hero Electrics’ Sales Reach 1 Lakh Units For The Second Consecutive Year In FY2023

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