Alt Mobility to deploy 10,000 Hero Nyx

Indian electric scooter manufacturer Hero Electric has partnered with Alt Mobility, a dedicated platform for leasing electric vehicles for the logistics market, to deploy 10,000 Hero Nyx electric scooters by 2023.

Under the collaboration, the companies will work with logistic aggregators and fleet operators. Alt Mobility claims to be India’s first dedicated platform for leasing EVs for the logistics market.

Alt Mobility offers two and three-wheeler EVs to fleet operators for a monthly subscription. The electric vehicle leasing company covers financing, road tax and auto insurance as well as service and maintenance of the electric vehicles.

Dev Arora, CEO of Alt Mobility said: “We have conducted extensive tests on the ground and spent several months with the Hero Electric team before building our conviction that the Hero Nyx EV is a bankable vehicle for intensive logistic operations.”

Alt Mobility also provides services that offer logistics providers the ability to manage trips, conduct diagnostics and service alerts as well as information to improve rider behaviour by means of intelligent sensors and a technology platform. This should allow logistics providers to get the maximum performance and life from their electric vehicles.

For Hero, this is one of many partnerships that has characterised their overall strategy of B2B collaborations. “We are witnessing more and more businesses opting for cleaner solutions to reach their consumers. At Hero, we strive to provide 360-degree solutions to our B2B customers through our strong network presence across India,” explained Hero Electric CEO Sohinder Gill.

The general environment for such collaborations in India is improving with the government’s push to electrify delivery segment vehicles.

For those of you confused about which Indian electric moped scooter provider is involved in this deal, there are currently two with the ‘Hero’ name. The above-mentioned Hero Electric as well as Hero MotoCorp, which we have reported on, for example, since the latter signed a deal with electric scooter and battery swapping network provider Gogoro when the Indian electric scooter company joined the Taiwanese company’s Powered by Gogoro Network. The use of the ‘Hero’ name is now a legal matter as Hero Electric seeks injunction against Hero Motocorp. We reported on the former, Hero Electric, back in 2017 when the Indian electric scooter company announced it would be expanding its factory capacities.,


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