
Mr. Rajat Bhardwaj
Co-Founder Hero Surge, Hero Moto Corp
Surge EV is a startup within Hero MotoCorp, driven by the vision to revolutionize mobility through sustainable innovations. By leveraging cutting-edge technology and a commitment to environmental responsibility, Surge EV aims to develop groundbreaking solutions that transform the way people travel, ultimately contributing to a greener and more sustainable future.
The New Delhi (India) headquartered Hero MotoCorp is the world's largest manufacturer of motorcycles and scooters, in terms of unit volumes sold by a single company in a year — the coveted position it has held for the past 24 consecutive years. The Company has sold over 120 million motorcycles and scooters in cumulative sales since its inception. Hero MotoCorp currently sells its products in 47 countries across Asia, Africa, and South & Central America. Hero MotoCorp has eight state-of-the-art manufacturing facilities, including six in India, and one each in Colombia and Bangladesh. Hero MotoCorp has two state-of-the-art R&D facilities — Centre for Innovation and Technology (CIT) in India and Tech Centre Germany (TCG). Hero MotoCorp is one of the world's largest corporate promoters of multiple disciplines of sports, including, Golf, Football, Field Hockey, Cricket and Motorsports. Fifteen-time Major winner Tiger Woods is Hero's Global Corporate Partner. Hero MotoSports Team Rally is the only Indian manufacturer team to finish on the podium of the Dakar Rally.
10:05 - 11:05
Track-2 19 March 2025
High-Level Market Trends of E2W and E3W & Electric Vehicles in India
Accelerating the Shift to Sustainable Mobility-With rising concerns over pollution and increasing fuel costs, electric 2Ws and 3Ws are becoming key solutions for sustainable urban mobility. Government initiatives, such as subsidies and incentives under the FAME scheme, alongside the growing focus on battery technology and charging infrastructure, are accelerating EV adoption. This panel discussion will explore the high-level trends driving the EV 2W and 3W markets in India, examining challenges, opportunities, and the future of a cleaner, more efficient mobility ecosystem.
- Rapid Growth in EV Adoption
- Government Support and Incentives
- Battery Technology and Range Improvements
- Expanding Charging Infrastructure
- Competition and Market Dynamics