Hero MotoCorp to foray into manufacturing cars and LCVs
It has been two long years since Hero and Honda parted ways. Despite not many expecting them to do well post Honda, Hero has proved their critics wrong and have come out victorious. The company is the world’s largest two wheeler maker by volume and is now set to foray into the cars and even commercial vehicle segment in due course.
Bajaj too is trying the same. In fact, they are a step ahead where it comes to entering the car industry. Apart from their RS60 quadricycle, which will be launched by October this year, their first concept car has already been seen at 2014 Delhi Auto Expo earlier this year in the form of U-Car Concept, a four wheeled two seater which is positioned as an urban transport solution. The concept was noted with four valve, triple spark engine running on gasoline.
In the meantime, Hero MotoCorp gears up for launch of their first ever hybrid scooter. Leap scooter will be launched early next year. This hybrid scooter which will be produced from the company plant in Gurgaon will be powered by a 11 bhp traction motor and lithium ion batteries while a newly developed 124cc engine will be housed in the scooter. Leap will have a 3.0 liter fuel tank capacity so that the scooter can run on petrol if the rider is not able to recharge its batteries.
via Financial Express
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