Hero MotoCorp Plans to Offer Flexible EV Charging System In the Country

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This comes after the country’s largest two-wheeler manufacturer recently announced its partnership with Taiwanese EV major Gogoro

Hero MotoCorp Ltd is planning to offer its customers a flexible charging system that will include fixed stations and battery swapping units ahead of its electric scooter launch in the upcoming year. 

In a call with The Economic Times, HeroMoto Corp Ltd CFO Niranjan Gupta, said, “Our R&D centers in Germany and Jaipur are working on EV programmes that include the development of fixed charging systems.”

This comes after the country’s largest two-wheeler manufacturer recently announced its partnership with Taiwanese EV major Gogoro, which it formed in hopes of introducing Gogoro’s battery swapping stations in India while developing EVs using the detachable battery technology.

“With the help of our partner Gogoro, we will also bring the battery swapping systems (to India). Both will work in parallel and allow us to play in both the EV charging systems,” Gupta added. 

Commenting further on this alliance, Gupta said, “Whether it will be a capital intensive or a franchise model, I won’t be able to comment as the business model is being worked out. Some parts of Gogoro charging systems can be built into our own fixed charging systems as well.” 

The company is accelerating its EV plans for the domestic market, and in alliance with Gogoro it is bringing sustainable charging solutions, he said. 

Gupta further added, “We plan to launch EVs using both the types of charging systems next year. We will start with the fixed charging stations including fast and slow charging systems, and gradually we will have battery swapping options for the customers,” Gupta said.

Gupta said a dedicated team is working on all aspects of the EV business model, which was created two years ago, including sourcing, manufacturing, marketing and sales, among other areas.

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