Hero Electric Partners with BOLT to set up 50,000 EV Charging Stations across India
Partnership to curb range anxiety for over 4,50,000 Hero Electric users
Bengaluru/New Delhi, 20 April, 2022: Hero Electric, India’s largest electric two-wheeler company, has
partnered with BOLT, India’s largest EV Charging Network, to set up 50,000 EV charging stations in
India in the next one year. As part of the collaboration, BOLT chargers will be installed in more than
750 Hero Electric’s touch points across India benefitting over 4.5 lakh customers. Furthermore,
around 2,000 Hero Electric riders will avail free of cost BOLT charging units set up at their homes. With
rising fuel prices, this tie-up is expected to boost EV adoption and the movement towards carbon-free
mobility in India.
The partnership will help both Hero Electric and BOLT achieve their shared goal of providing a robust,
affordable and accessible EV charging infrastructure to encourage the adoption of electric vehicles in the
country. The BOLT charging network will be leveraged both by Hero Electric’s enterprise partners and EV
customers, significantly curbing range anxiety. Additionally, BOLT will be integrated within the Hero
Electric App and website, offering a one-stop solution for locating a charging station, booking a slot, and
payment. Post-installation of BOLT charging stations, individuals can choose between private/public
mode of operation for their charging stations and decide the price depending on existing commercial/EV
tariffs. Moreover, subscription-based plans will be announced for Hero Electric riders to ease their usage.
The BOLT charging network is hardware agnostic and will integrate with any charging solution provider in
the country. The BOLT OS comes pre-installed in many EVs and, BOLT’s revolutionary vehicles to
charger connectivity (V2C) will enable a seamless fastag-like EV charging experience for EV users.
Hero Electric and BOLT will also be doing a Pilot for IOT tracking solutions for their vehicles. The pilot will
also provide Fleet Management and Charging Management solutions to all Hero Electric B2B partners.
BOLT will also integrate the BOLT OS enabled Smart speedometer solution with Hero Electric vehicles,
enabling a smarter, secure and connected ecosystem, along with BOLT Charging Network.
BOLT is India’s largest EV charging network, comprising the universal BOLT Charging Point and the
BOLT Operating System. Developed with the objective of building a strong EV charging infrastructure, it is
India’s first dedicated network of IoT-enabled EV charging points connecting riders across the country.
Made-in-India, BOLT is a universal charging point which is compatible with any portable charger that
comes with EVs and works with the existing AC power supply everywhere. Over 10,000 BOLT charging
points have already been installed across 100 different cities in India, with an installed capacity of over
33000KW and 50,000 active users. BOLT is also on track to deploy 100,000 charging points in the
next 6 months across India in response to the overwhelming demand for a safe, reliable and affordable
EV charging infrastructure combined with collaboration with other EV ecosystem players.
Hero Electric is India’s oldest and largest electric two-wheeler brand. A front runner for Electric Mobility in
India for over a decade, Hero Electric is the only EV manufacturer to achieve 1 lakh sales milestone for
FY22. With over 4.5 lakhs vehicles on road and a wide network of 750+ touchpoints, Hero Electric’s
endeavor is to make the country greener with ‘Zero Pollution’ transportation through its wide range of
Electric Vehicles, supported by their Mission of “No Emission”. Hero Electric is a SA 8000 certified
organization that is environmentally conscious, socially responsible and professionally ethical in its
Mr. Sohinder Gill, CEO, Hero Electric
“We are delighted to partner with BOLT as its charging network will offer affordable charging solutions
further, encouraging the switch to electric vehicles. A robust charging network has aided the growth of
EVs by curbing range anxiety among riders. Our mission is to enable carbon-free mobility and fasten EV
adoption in the country by building a strong charging ecosystem and reskilling mechanics to offer an
enhanced EV riding experience. We are positive that this collaboration will broaden our efforts to reach
the set objective. This partnership will benefit the industry overall and allow e2W riders easy access to
charging stations pan India.”
Jyotiranjan Harichandan, Cofounder, BOLT
“We are excited to partner with the country’s leading EV brand to fulfill our combined goal of an increased
EV adoption across the country by providing EV users with an affordable, accessible and ubiquitous
charging network. This collaboration will help to create a seamless charging experience for lakhs of Hero
Electric customers as they can use the existing Hero Electric app and website for discovery, booking and
payment. With having a “Charger on-demand”, range anxiety will be history as we move towards
achieving our goal of installing over 1 million charging points over the next 2 years.”
BOLT was founded in 2017 by Mohit Yadav and Jyotiranjan Harichandan with the aim of making electric vehicles
more accessible, smart, safe, and connected. BOLT is the World’s Largest Peer-to-Peer Charging Network,
comprising the universal BOLT Charging Point and the BOLT Operating System. It is India’s first dedicated network of
IoT-enabled EV charging points connecting riders across the country. The modular and customizable BOLT OS can
be easily integrated into EVs.The start-up has raised $4.5 million in funding from Union Square Ventures & Prime
Venture Partners, and has offices in Bangalore & Singapore.
About Hero Electric
Hero Electric is one of the oldest and India’s Largest Electric two-wheeler company and has been at the forefront of
the electric 2-wheeler industry. The company’s manufacturing unit is in Ludhiana, and it sells a wide range of electric
scooters catering to a wide spectrum of customers. Hero Electric currently has over 700 (and rapidly expanding)
sales and service outlets spread across the country along with a widespread charging network and trained roadside
mechanics on EVs. It has a lot of firsts in the industry ranging from developing and launching the first lithium ion
based electric scooters in India to launching the unique concept of charging stations for anywhere, everywhere
charging. With over 4 lakh electric two-wheelers in India, the company has been delivering sustainable travel
solutions over the past 14 years and counting & has played a crucial role in developing and promoting the EV market
in the country.