Hero Electric as the company announced that it posted zero dispatches in April 2022 due to the semiconductor chip shortage, while the waiting period for its electric offerings has gone up to 60 days and certain dealerships do not have stock to display at the moment.
As part of the collaboration, Hero Electric will supply 10,000 Nyx electric scooters to the logistic aggregators and fleet operators via ALT Mobility by 2023.
As part of the partnership, Hero Electric's e-scooters - Optima and NYX will be manufactured at Mahindra's Pitampur facility, which aims to address the growing demand for EVs.
Hero Electric has already delivered 100 electric scooters to Turtle Mobility and the company has plans to deliver 1,000 more electric scooters by the end of 2022.