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India’s largest two wheeler maker Hero Motocorp was planning to launch an electric two-wheeler by first half of 2022, a senior executive of the company today said.
Hero's entry into the electric vehicle market will give a push to India’s electrification plan. “Though there is no firm timeline, we will be looking to enter the EV market by calendar year 2022,” Niranajan Gupta, Chief Financial Officer at Hero said.
Simultaneously, the company’s strength in the entry level segment is going to be an added advantage as this segment is expected to be the first to switch over to electric in
