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Hero Cycles Delivers Made-in-India e-Bikes To Europe, Check Details


Hero Cycles Delivers Made-in-India e-Bikes To Europe, Check Details
Jun 27, 2021, 15:21 IST
India s Hero Motors Company has successfully delivered its first batch of Made in India e-bikes to Europe. Around 200 units in the first batch were delivered to Germany and the company is planning to sell further units around the European Union(EU) market in the future.
The shipment was made under the KNF brand of Hero International (HIT) and it plans to become a leader in the EU, the company said.
Hero International said that the company aims to achieve revenue of up to 300 million Euros by 2025 while adding 200 million Euro from inorganic growth. ....

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Hero Cycles delivers first batch of made-in-India e-bikes to Europe


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. ....

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India's Hero Cycles taps its global aspiration with London


India s Hero Cycles taps its global aspiration with London
Image by Michael Gaida from Pixabay
India s Hero Motors Company (HMC) Group on Tuesday announced plans to set up a new international headquarters, Hero International (HIT), in London as part of a push towards expanding Hero Cycles overseas business and strengthening its global presence.
The company said HIT is aimed at bringing HMC s European businesses under one umbrella and giving its electric bike business a major boost worldwide.
The new HQ will unify HMC-owned European businesses, including HNF GmbH in Germany and Insync Bikes in UK, as part of a long-term vision to grab an increasing share in the lucrative e-bike market growing at an exponential pace in Europe. ....

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