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Hero Cycles delivers first batch of made-in-India e-bikes to Europe
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Last Updated: Jun 26, 2021, 03:23 PM IST
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Synopsis
Hero International – the European bike and e-bike arm of HMC – said the company s aim is to achieve an organic revenue of up to EURO 300 million by 2025, while adding EURO 200 million from inorganic growth.
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India s Hero Motors Company (HMC) Group has said that Hero Cycles has successfully delivered its first batch of “Made in India” e-bikes to Europe.
The shipment, under the HNF brand of Hero International (HIT), marks the start of the Indian bicycle major s plan to become a leader in the European Union (EU) market, the company said this week.