The assembling of e-scooter, by Hero Electric, will be hereafter from the foreign markets in a tie-up with local players, from the next year. The company has five models in its portfolio- E-Sprint, Maxi, Optima Plus, Wave Dx and Wave Dx Extra Mile.
According to the company’s MD, talks are on now with possible players in Western Europe and North America and agreements may be reached in a year. This follows last year’ export to SAARC countries and Canada.
This step is to reduce the overall cost of the product, but there will not be contract mode of manufacturing, he clarified. By sticking on to the individual and own identity, the assembly will be on case-by-case mode. The company has already proposed to export to Latin America and Europe by the end of this fiscal.
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