Electrek, a website that tracks news from the electric automobile industry Report (Via gizmochinaAs per the report, Hero Cycles has launched its first made-in-India electric bike Hero Lectro in Europe. The company seems to be looking to expand its footprint in Europe, given the growing interest in electric vehicles in European countries. The report says that the company plans to make billions in profits by 2025 with large investments in Europe. While there is no doubt that the European market is dominated by local and Chinese companies, Hero may face some difficulties.
Hero Lectro series in India also available And this series includes many electric cycles. The Lectro C3, Lectro C3i, Lectro C4, Lectro C5, Lectro C5i, Lectro C6 and Lectro C8 are part of this series. All e-bikes come equipped with good specifications. All these are designed according to the different needs of the customers. of this series in India starting price 23,999 and to keep away the competition in Europe, the company may keep the price of this series aggressive.
Apart from this, let us tell you that in April, Hero Moto Corp announced a partnership with Taiwanese electric mobility company Gorogo. The two companies have partnered to take e-mobility forward in India, under which Hero will set up electric scooters and battery swapping stations in the country based on Gorogo’s technology.