Posted inSectors

Hero Electric aims to train 20,000 roadside mechanics to deal with EVs

It has already trained 4,000 mechanics and has also installed around 1,500 charging points till date

Hero Electric aims to train 20,000 roadside mechanics to deal with EVs

Hero Electric aims to train over 20,000 roadside mechanics across the country over the next three years to deal with any issue its customers might face as part of its plans to instill confidence in buyers who opt for the green mobility.

The Gurgaon-based firm, which sold around 53,000 electric two-wheelers last fiscal to lead the vertical, also aims to set up around 20,000 charging stations across the country over the next two years to ease range anxiety issues.

It has already trained 4,000 mechanics and has also installed around 1,500 charging points till date.

Hero Electric Managing Director Naveen Munjal said the electric segment is set to “explode” in the country in the coming years and so the company is on a move to further sharpen its competencies across various business verticals.

It currently has over 600 dealers and sub dealers in the country. The company has already trained over 4,000 such roadside mechanics across the country and the idea is to take it up to 20,000 numbers by 2023 end or by early2024, he added.

This year it is planning to double sales to 1 lakh units. The company is going to expand its production capacity as well in the current fiscal.

And, next year the company would start looking at another plant which would take the total installed production capacity to close to 10 lakh units per annum in the next few years, he added.

Hero Electric currently has a manufacturing plant in Ludhiana and two large distribution hubs at Hosur (Karnataka) and Patna (Bihar).

The company has earmarked around Rs 700 crore to expand and modernise its production facilities, strengthen supply chain and other operational competencies.

Hero Electric’s three top markets being Uttar Pradesh, Tamil Nadu and Karnataka. Even Jammu & Kashmir remains a robust market for the company, he said.