Hero Electric has signed a Memorandum of Understanding (MoU) with the Rajasthan government to set up an electric scooter manufacturing plant in Rajasthan. This plant will have an annual production capacity of two million units and production will begin by the end of 2023, the company said.
Annual production capacity of 2 million units
All existing and upcoming Hero Electric models to roll out of here
Hero Electric EV manufacturing plant Rajasthan: details
Hero Electric’s upcoming electric vehicle manufacturing plant in Rajasthan's Salarpur industrial region will have an estimated investment exceeding Rs 1,200 crore and will be spread over 170 acres. This plant will use the latest technology in terms of equipment and robotics while also utilising renewable resources like solar energy.
This plant will handle manufacturing of all existing and upcoming Hero Electric models with an annual production capacity of two million units. Production will commence at the end of 2023.
Previously, Hero Electric had tied up with Mahindra to manufacture EVs at the latter's Pithampur plant and the first batch of electric scooters rolled out of there just a few months ago.
Naveen Munjal, managing director, Hero Electric, said, “This mega manufacturing facility is part of our capacity enhancement to boost EV adoption across India. It will allow the state to spearhead clean mobility solution shift and promote ecological tourism practices."
Sohinder Gill, CEO, Hero Electric, said, “A greenfield facility of this mega size and large budget gives us the opportunity to introduce very energy efficient green manufacturing processes with a healthy blend of automation, using the clean solar energy that state provides. We would work closely with the government to create the largest and the best electric two-wheeler manufacturing cluster in north India that would have a complete ecosystem of ancillaries to help the overall development of the rural zones in and around Salarpur.”