
‘Electrics to be 50% of scooter market in 5 years’ – Times of India
NEW DELHI: Hero Moto, the country’s largest two-wheeler maker, has said that electrics will become 50% of the scooter market by 2030 even though leadership in the category will be like “Russian roulette” in the short-term as newer and older players fight for market share.Niranjan Gupta, CEO of the company, said Hero will invest Rs…