Leadership in electric 2-wheelers like ‘Russian roulette’ till category gains scale: Hero Moto

Hero Moto CEO Niranjan Gupta announced that 50% of the scooter market will be electric by 2030, despite short-term competition. Hero plans to invest Rs 1,000 crore in EVs this year. Ola Electric currently leads the market, but Gupta emphasizes that it’s too early to determine long-term leaders.

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