“This has additional elevated the ready record for its buyer to 60-plus days and a few of the dealerships don’t have any inventory to show,” the corporate mentioned in a press release.
Hero Electric CEO Sohinder Gill apologised to clients for the delay and cited the Russia-Ukraine battle as the explanation for the chip scarcity.
“It’s like placing an emergency brake on a fast-moving prepare,” mentioned Gill. “Our gross sales had been nearly doubling month on month and we someway managed with sourcing from totally different geographies however the battle collapsed a serious provide chain, ensuing on this disruption.”
Gill mentioned the corporate has discovered various sources and can resume manufacturing quickly. In the meantime, the corporate mentioned it’s utilizing the time to reinforce its plant capability and revisit “techniques and processes associated to batteries to additional reinforce the standard assurance” of its bikes.
The corporate’s announcement comes at a time when the EV corporations have come beneath rising scrutiny after greater than two dozen automobiles caught hearth in latest weeks. Some producers — Ola Electric, Pure EV and Okinawa — have mentioned that they are going to recall over 7,000 two-wheelers mixed after transport minister Nitin Gadkari warned corporations of penalties if they’re discovered to have been negligent.
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Hero Electrical’s incapability to ship in April may additionally trigger Ola Electrical to overhaul it on EV gross sales for the primary time.
Final month, Hero Electrical bought round 13,000 EVs, whereas Ola Electrical bought round 9,000.
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