Hero Cycles showcases futuristic design models like folding electric bikes to e-bikes customized for micro deliveries and puts the spotlight on clean urban commuting at the 15th Auto Expo-The Motor Show 2020.
As the global bicycle giant puts focus on re-inventing the two wheeler, it is investing heavily in electric bicycle manufacturing and design through a series of futuristic initiatives and international acquisitions. Interestingly, almost 70 per cent of the products showcased by Hero Cycles were in the domain of e mobility.
“E mobility is without doubt the future of urban commuting in India and across the world. At Hero Cycles, we are working aggressively to realize our vision of capturing a 10 per cent share in the global electric bicycle manufacturing by 2022. We plan to achieve this through a series of futuristic initiatives including bolstering our capacity in research and design innovation and strategic global acquisitions. Our recent acquisition of German e-bike maker HNF Nicolai is a significant step in that direction. We want to be able to produce truly global e-bikes in India,” said Mr Pankaj M Munjal, Chairman & Managing Director, HMC, a Hero Motors Company.
Concept bicycles like electric folding bikes and electric fat bikes which are expected to be launched in the Indian market soon attracted major attention at the Auto Expo and generated much chatter about Hero’s vision in e mobility.
Hero Cycles is also working to introduce customized e-bikes to serve a series of urban commuting purposes. For example, Hero Cycles is actively advocating for E-bikes to replace motorcycles for micro deliveries in India. For this, it is devising innovating accessories to be fitted in e-bikes such as baskets in front and back and a battery with higher range to gives better mileage in one charge.
Hero Cycles has also demanded that the benefits of government’s FAME II scheme for electric vehicles be also extended to electric bicycles to allow manufacturers produce more affordable e-bikes that are accessible to a larger number of consumers.