The direct effect of semiconductor chip shortage is now visible on the sales of electric two wheelers. Hero Electric, the country’s largest electric scooter company, stated that the company has not dispatched a single electric scooter in April 2022. According to the company, because of this, the waiting period of their electric scooters has reached 60 days.
Not only that, there are no models left for display at some of Hero Electric’s dealerships. Let me tell you that Hero Electric is currently the best selling company in the Indian electric two wheeler segment, but at the moment Russia and Ukraine are grappling with the problem of supply chain between the wars.
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Speaking on the lack of a semiconductor chip, Sohinder Gill, CEO of Hero Electric, said, “Our sales were almost doubling month by month and we somehow managed to sourcing from different regions, but the war has created a huge supply chain. Demolished, which caused this to happen.Meanwhile, we are using this time to increase our production volume and our plant capacity.
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What company bids on fire incidents
Gill also talked about improving the quality of electric vehicles in light of recent fire incidents. “The recent fire incidents are a sign for the industry and we believe that even the best companies should inspect themselves and constantly improve their design and quality,” he said.