Post Lockdown Hero Electric Foresees Faster Adoption Of E-bikes

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  • June 15, 2020
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These factors are likely to significantly increase the sales of electric vehicles. Hero Electric, a pioneer of electric mobility and the largest electric two-wheeler manufacturer in India, foresees faster adoption of electric vehicles. Switching from ICE to Electric vehicles would also reduce any travel pitstops at the fuel stations given the fact that electric vehicles are supported by portable batteries further increasing the concept of contactless transportation thereby enhancing consumer confidence in these troubled times.

Considering the current scenario, it is almost certain that the Indian automotive sector will not be going back to the old normal market anytime soon. The new normal will bring in many challenges but multiple opportunities with it as well and Hero Electric is aptly prepared for it. To make the adoption of electric vehicles effortless, Hero Electric has recently announced an online sales scheme on its entire range. Taking the online-first approach, Hero Electric has been able to act very quickly and take advantage of the time on hands by introducing a lucrative online scheme - INR 5,000 cash discount (all models) and INR 3,000 cash discount on Glyde and e-Velocity, along with referral discount of INR 1,000 - for potential Hero Electric customers and the response has been rather encouraging. Limited to all online bookings made starting from 17 April till 15 May 2020, customers can take delivery of vehicles any time after the lockdown opens.

Post COVID-19, the global electric vehicle and electric vehicle infrastructure market is projected to reach 4.18 million units by 2021 from an estimated 3.42 million units in 2020, at a CAGR of 22.1 percent and India is expected to be a significant contributor to this growth.

The impact of COVID-19 witnessed air pollution plummet to unforeseen levels at 60% in New Delhi, presenting an opportunity towards the adoption of smarter and sustainable mobility solutions as consumers have taken note of the dramatic improvement in the air quality since lockdown. The ongoing coronavirus pandemic is likely to change the way Indians commute.

Sohinder Gill, CEO of Hero Electric said, “The latest Harvard report of the adverse effect of air pollution particularly the PM 2.5 emitted from IC vehicles on COVID-19 patients is an eye opener. Given the upcoming ‘new normal’ era, consumer focus on sustainable mobility options, preference of sensibly priced electric two-wheelers, and reluctance in going back to the overcrowded public transport system; Hero Electric foresees an exponential increase in the number of electric vehicles on road post lockdown. We have with us a wide range of electric scooters that have zero tail pipe emissions, priced between INR 40,000 to INR 70,000 and have extremely low running costs.”

It may be noted that Hero Electric India has set up a manufacturing unit at Ludhiana, Punjab, with a total installed capacity of 100,000 units per annum. The company currently has over 610 sales and service outlets spread across the country, including top metros, min-metros, and even smaller towns.

It launched the first Lithium-ion based electric scooter in India and introduced the unique concept of charging stations for anywhere and everywhere usage. With close to 300,000 electric two-wheelers in India, the company has been delivering sustainable mobility solutions for the past 12 years.  (MT)

 

TVS Motor Company Reports 7% Sales Growth In April Amid Supply Chain Constraints

TVS Motor Co

TVS Motor Company (TVSM), one of the leading manufacturers of two-wheeler and three-wheelers, has reported 473,970 units wholesales for April 2026.

This marks a 7 percent growth compared to the 443,716 units sold in April 2025. While customer demand remains strong in both domestic and international markets, the company noted that dispatch volumes were limited by production issues.

The company reported that production was affected by several supply chain constraints. It saw shortages in raw materials, consumables and workforce availability, which impacted tier-1 and tier-2 suppliers. Limited container availability hindered timely international dispatches. It has placed countermeasures and it expects production to recover during May 2026.

Despite manufacturing hurdles, two-wheeler sales grew by 6 percent YoY to 455,333 units, which includes 348,545 units in domestic market, up 8 percent YoY.

Scooter sales increased by 24 percent to 211,158 units, while motorcycles accounted for 200,039 units. The electric vehicle portfolio grew by 36 percent, with sales rising to 37,771 units.

Three-wheeler sales recorded a 37 percent growth, reaching 18,637 units.

Lastly, total international sales grew by 3 percent to 120,008 units.

Hero MotoCorp Sells 532,433 Two-wheelers In April 2026

Hero MotoCorp

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has reported 566,086 unit wholesales for April 2026, up 85 percent YoY, as compared to 305,406 units last year.

Domestic sales came at 532,433 units, up 85 percent YoY, as compared to 288,524 units a year ago. This includes 501,791 motorcycles at 75 percent YoY and 64,295 scooters, up 233 percent YoY.

Domestic retail performance also remained robust during the month, with 552,713 two-wheeler registrations (as per VAHAN) indicating growth of around 8 percent. 

VIDA, Hero MotoCorp’s e-mobility business, reported a 129 percent YoY growth, albeit a low-base.

HERO MOTOCORP

 

APRIL' 26

APRIL' 25

Change (In %)

Motorcycles

501,791

286,089

75%

Scooters

64,295

19,317

233%

Total

566,086

305,406

85%

Domestic

532,433

288,524

85%

Exports

33,653

16,882

99%

Suzuki Motorcycle India Sells 98,004 Two-wheelers In April 2026

Suzuki Motorcycle India

Suzuki Motorcycle India (SMIPL), a leading manufacturer of scooters and motorcycles, has announced its wholesales of 117,514 units in April 2026, marking a 4 percent YoY growth compared to the 112,948 units sold in April 2025.

The company began the new financial year with increases across both its domestic and international operations. Interestingly, while domestic sales at 98,004 units grew by 3 percent as compared to 95,214 units a year ago, exports clocked a 10 percent growth at 19,510 units.

Revenue from spare parts sales reached INR 915.90 million, representing a 14 percent growth over the previous year.

Last month, Suzuki Motorcycle India celebrated two decades of manufacturing in the country and also introduced the new Suzuki Burgman Street ‘One and Only’ and a new colour option for the Suzuki Avenis Special Edition.

Deepak Mutreja, Vice-President – Sales & Marketing, Suzuki Motorcycle India, said, “We have started the new financial year on a steady note with growth across both domestic and exports markets. This performance reflects the continued trust customers place in our products. As we move ahead, we remain focussed on delivering quality products, while deepening our connect with customers and partners across markets. We are also enhancing customer experience through focused events and brand activations.”

Royal Enfield Domestic Wholesales Grows 37% In April 2026

Royal Enfield

Chennai-headquartered mid-sized motorcycle major Royal Enfield has reported monthly wholesales of 113,164 units in April 2026, which marks a 31 percent growth compared to the 86,559 units sold in April 2025.

The OEM also entered the electric mobility market during the month with the launch of its first electric model.

Last month, the company reported domestic growth of 37 percent at 104,129 units, as compared to 76,002 units a year ago. While, exports came at 9,035 units, down 14 percent, as against 10,557 units last year.

In April, Royal Enfield introduced several updates to its motorcycle and lifestyle portfolio, which includes the launch of the its first electric motorcycle under the Flying Flea brand at INR 279,000  or INR 199,000 under a battery-as-a-service model.

The 2026 Hunter 350 portfolio was expanded with a Base Premium variant in Tarmac Black and two new colours: Mumbai Yellow and Moonshot White.

Interestingly, Himalayan 450 recorded an annual sales growth of 53 percent outside of India, with global sales for the platform exceeding 38,000 units this year.

B. Govindarajan, Managing Director, Eicher Motors and CEO of Royal Enfield, said, “We have started the new financial year with strong momentum, setting the tone for an exciting and important year ahead. April 2026 was special for us as we took our first step into electric mobility with the launch of the Flying Flea C6 - which has received an overwhelmingly encouraging response. During the month our growing global brand strength was further affirmed as Royal Enfield was recognised as the world’s third strongest automobile brand by Brand Finance. Internationally our key markets continue to perform well, driven by successful new launches, industry accolades and a growing rider community. With a robust pipeline of new products and brand initiatives, we are confident of maintaining the growth trajectory through the year.”