
Hero MotoCorp Ltd will launch its first electric motorcycles from next year, the management said during its Q1 earnings call. The company plans at least two models: an urban commuter codenamed Ubex…
Hero MotoCorp Ltd will launch its first electric motorcycles from next year, the management said during its Q1 earnings call. The company plans at least two models: an urban commuter codenamed Ubex and a high-performance bike, VXZ, developed with US-based Zero Motorcycles. The launches are timed ahead of Delhi's proposed ban on petrol two-wheelers from April 2028. Hero is the second legacy mass-market maker after Bajaj Auto to announce entry into the electric motorcycle segment, which is currently dominated by new-age firms such as Ola Electric and Ultraviolette.
The usual narrative pits legacy automakers as slow to embrace EVs, but Hero and Bajaj are now committing to electric motorcycles years before any mandate kicks in. The real test is not intent but execution: can they deliver affordable, high-range bikes that match the performance of petrol models? Watch for the launch prices and range figures next year. Will they be competitive with the Rs 1.5 lakh Ola Electric Roadster, or will they remain premium experiments?
Sources (2): livemint.com, inc42.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.