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Hero MotoCorp Limited is an Indian multinational motorcycle and scooter manufacturer headquartered in Delhi. It has a market share of about 30% in the Indian two-wheeler industry. [ 3 ] The Munjal family, with its 34.75% stake, is the biggest shareholder in the company as of 2024.
While steadily becoming more practical, high prices and a limited range suited best for commuting have been impediments to electric motorcycles and scooters increasing their market share. [82] In the US at least, cheaper motorcycles that can refuel in minutes at any gasoline station better suit weekend riders, the predominant users. [ 83 ]
Hero's sales momentum amid the slowdown is being propped up in no small terms by its two scooter brands. Maestro has been able to crank up volumes to the tune of 28,000 units per month in a year's time. The Pleasure which brought in the tagline of 'Why should boys have all the fun' grosses sales of 30,000 units a month and is a mainstay for ...
In 2009, it released the Ultramotor A2B electric bicycle. [17] In February 2018, Hero Electric launched in India a new faster, range. This comprised an e-scooter codenamed the AXLHE-20, and two e-bicycles, the A2B Speed and Kuo Boost. The AXLHE-20 claims a top speed of 85 km/h along with a maximum range of 110 kilometres on one charge.
Gogoro Inc. is a Taiwanese company that developed a battery-swapping refueling platform for urban electric two-wheel scooters, mopeds and motorcycles. [1] [2] It also develops its own line of electric scooters and offers its own vehicle innovations to vehicle maker partners like Yamaha, Aeon Motor, PGO, eReady, and eMOVING. [3]
Victa (1960s), Fuji Rabbit scooters assembled and sold by Australasian outdoor garden equipment manufacturer Victa in New Zealand — New Zealand [132] Vijai (1975–1997), Lambretta GP/DL made by state-owned Scooters India Ltd (SIL), with plant acquired from the defunct Lambretta. Sold as the Vijai brand in India and as Lambretta for export ...
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