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Hero Electric
4.0
based on 237 Reviews
Company Overview
Company Locations
Working at Hero Electric
Company Summary
Hero Electric is India's leading electric scooter company. Their product line-up includes wide range of electric bikes & scooty in the world.
Overall Rating
4.0/5
based on 237 reviews
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On-Par
with industry average
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Highly rated for
Work-life balance, Company culture, Job security
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Critically rated for
Promotions
Work Policy
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Work from office
59% employees reported
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Monday to Saturday
65% employees reported
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Flexible timing
55% employees reported
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No travel
42% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
17 employees reported
Health insurance
13 employees reported
Professional degree assistance
6 employees reported
Child care facility
6 employees reported
View all benefits
About Hero Electric
Founded in2007 (18 yrs old)
India Employee Count201-500
Global Employee Count--
India HeadquartersGurgaon,Haryana, India
Office Locations
Websiteheroelectric.in
Primary Industry
Other Industries
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In the year 1956, the foundation of brand HERO was laid by Late Mr. Dayanand Munjal with a vision of providing mobility to millions in India. In the following years, the brand expanded itself enormously in varied fields like Bicycles, Motorcycles, Healthcare, etc. and became the most renowned & trusted name worldwide for tours.
“When we look over our shoulders, we see our past and we use it to make a better present and a beautiful tomorrow; tomorrow isn’t just another day, it’s another chance for us to improve ourselves and to excel.”
Some years back the family businesses were realigned following which Kross Cycles (Hero Cycles), Hero Exports, and Mediva came under the umbrella of HERO ECO the business congregate headed By Mr Vijay Munjal.
HERO ELECTRIC is a pioneer and market leader in the Indian Electric Two-Wheeler industry. It has been the front runner for Electric Mobility in India for the past 10 years. We believe in offering an ecological 2 wheeler solution to our consumers which above all gives excellent value for money. Hero Electric’s endeavor of making the country greener and to be the best in ‘Zero Pollution’ transportation in the country through its wide range of Electric Vehicles is supported by our Mission “No Emission”.
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Hero Electric Ratings
based on 237 reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
125
4
55
3
29
2
5
1
23
Category Ratings
4.0
Work-life balance
3.9
Company culture
3.9
Job security
3.7
Skill development
3.7
Work satisfaction
3.5
Salary
3.2
Promotions
Hero Electric is rated 4.0 out of 5 stars on AmbitionBox, based on 237 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Hero Electric
based on 227 reviews
4.4
Rated by 13 Women
Rated 4.7 for Work-life balance and 4.7 for Company culture
4.0
Rated by 214 Men
Rated 4.0 for Work-life balance and 3.9 for Job security
Work Policy at Hero Electric
based on 26 reviews in last 6 months
Work from office
59%
Hybrid
41%
Hero Electric Reviews
Top mentions in Hero Electric Reviews
+ 5 more
Compare Hero Electric with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.0/5 based on 237 reviews | 4.0/5 based on 572 reviews | 3.5/5 based on 139 reviews | 3.6/5 based on 63 reviews |
Highly Rated for | Work-life balance Job security Company culture | Company culture Work-life balance Skill development | No highly rated category | No highly rated category |
Critically Rated for | Promotions | Promotions | Salary Promotions Job security | Job security Promotions Salary |
Primary Work Policy | Work from office 59% employees reported | Work from office 71% employees reported | Work from office 85% employees reported | Work from office 59% employees reported |
Rating by Women Employees | 4.4 Good rated by 13 women | 3.8 Good rated by 78 women | 4.2 Good rated by 13 women | 3.7 Good rated by 7 women |
Rating by Men Employees | 4.0 Good rated by 214 men | 4.1 Good rated by 467 men | 3.4 Average rated by 121 men | 3.6 Good rated by 56 men |
Job security | 3.9 Good | 3.5 Good | 3.2 Average | 2.7 Poor |
View more
Hero Electric Salaries
Hero Electric salaries have received with an average score of 3.5 out of 5 by 237 employees.
Service Engineer
(67 salaries)
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₹1.5 L/yr - ₹5.8 L/yr
Senior Engineer
(21 salaries)
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₹3.6 L/yr - ₹7.2 L/yr
Area Sales Manager
(19 salaries)
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₹4.4 L/yr - ₹10.9 L/yr
Sales Manager
(13 salaries)
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₹1.5 L/yr - ₹6.4 L/yr
MIS Executive
(10 salaries)
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₹2 L/yr - ₹4.5 L/yr
Deputy Manager
(10 salaries)
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₹8.5 L/yr - ₹11 L/yr
Junior Engineer
(10 salaries)
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₹2 L/yr - ₹2.3 L/yr
Sales Executive
(8 salaries)
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₹1.1 L/yr - ₹4.2 L/yr
Senior Service Engineer
(8 salaries)
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₹4.8 L/yr - ₹7.5 L/yr
Quality Engineer
(8 salaries)
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₹1.6 L/yr - ₹4 L/yr
Hero Electric Interview Questions
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Hero Electric News
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Goyal to discuss development of EV battery charging, swapping infra with industry
- Senior officials from major EV OEMs in India, along with representatives from the government, are expected to discuss the development of EV battery charging and swapping infrastructure.
- Participants include Tata Motors, Mahindra & Mahindra, Hyundai Motor India, Hero Electric, Bajaj Auto, Ola Electric, and Ather Energy.
- Officials from the Ministry of Heavy Industries, Power Ministry, and Niti Aayog will also be present in the meeting.
- The meeting aims to invite proposals for incentives under the Prime Minister Electric Drive Revolution scheme to deploy EV charging infrastructure, including public chargers for e-4Ws, e-buses, e-2Ws, and e-3Ws.
HinduBusinessLine | 2 Jan, 2025
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NCLT Initiates Insolvency Proceedings Against Hero Electric Over Pending Vendor Dues
- The National Company Law Tribunal (NCLT) has initiated insolvency proceedings against Hero Electric.
- Hero Electric's vendor Metro Tyres filed a petition claiming that Hero Electric has defaulted on payments of INR 1.85 Cr.
- NCLT found no merit in Hero Electric's argument of a pre-existing dispute regarding the quality of supplied goods.
- NCLT declared a moratorium on Hero Electric's assets and appointed an interim resolution professional to oversee the company.
Inc42 | 28 Dec, 2024
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NCLT Directs Initiation Of Insolvency Proceedings Against Hero Electric, Suspends Board
- The National Company Law Tribunal has initiated insolvency proceedings against Hero Electric following a plea filed by Metro Tyres, claiming a default of Rs 1.85 crore.
- The tribunal has suspended the Hero Electric board and appointed Bhoopesh Gupta as interim resolution professional.
- Hero Electric's contentions of a pre-existing dispute were rejected by the NCLT bench.
- A moratorium has been declared, protecting the company from legal actions and asset disposal.
Bloomberg Quint | 27 Dec, 2024
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Delhi HC Asks SFIO To Continue Probe Against Hero Electric
- The Delhi High Court has asked the Serious Fraud Investigation Office (SFIO) to continue its probe against Hero Electric Vehicle.
- This comes amid the alleged violation charges of the FAME II scheme.
- The settlement talks between Hero Electric and the Union Ministry of Heavy Industries have reportedly failed.
- Earlier, the court had restricted SFIO from taking action against Hero Electric and allowed the company to send a settlement proposal to the ministry.
Inc42 | 21 Dec, 2024
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Delhi High Court Clears Way For SFIO Investigation Against Hero Electric
- The Delhi High Court has cleared the way for the Serious Fraud Investigation Office (SFIO) to continue its investigation against Hero Electric Vehicles Pvt. over an alleged FAME-II EV subsidy fraud.
- Settlement talks between Hero Electric and the Union Ministry of Heavy Industries have failed, leading to the rejection of the settlement proposal put forth by the company.
- The investigation revealed that Hero Electric had fraudulently claimed Rs 133.5 crore out of the total EV subsidy amounting to Rs 297 crore.
- The SFIO investigation found that the company had imported restricted parts from China, violating the FAME-II guidelines.
Bloomberg Quint | 20 Dec, 2024
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Delhi High Court Stays SFIO Action Against Hero Electric
- The Delhi High Court has stayed any action against Hero Electric in relation to the purported FAME-II EV subsidy fraud.
- Hero Electric can approach the Union Ministry of Heavy Industries by Dec. 12 to arrive at a settlement amount.
- Similar relief has been given to three other EV manufacturers accused of the alleged fraud.
- Investigation proceedings have been stayed till the settlement process is completed.
Bloomberg Quint | 5 Dec, 2024
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SFIO Says Hero Electric, Benling & Okinawa Violated FAME-II Norms
- The Serious Fraud Investigation Office (SFIO) conducted search operations at Hero Electric, Benling India, and Okinawa Autotech and found that they violated FAME-II norms.
- The three companies availed subsidies worth INR 297 Cr under the FAME-II scheme in violation of the norms.
- SFIO recovered evidence like digital data, books, and other material to support its investigation.
- The companies deceptively showed compliance with the guidelines to the heavy industries ministry.
Inc42 | 2 Dec, 2024
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Hero Electric Premises Sealed Over FAME-II Violations
- The Serious Fraud Investigation Office (SFIO) has reportedly sealed Hero Electric’s Gurugram premises over alleged violations of the FAME-II subsidy rules.
- SFIO is investigating Hero Electric and Okinawa to ascertain if the companies misused subsidies meant to encourage EV adoption through the FAME-II scheme.
- Hero Electric was ordered to return subsidies worth INR 133 Cr and an additional interest over alleged violations.
- Hero Electric's sales have been negligible, with only 143 Escooters sold in October.
Inc42 | 29 Nov, 2024
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Hero Electric Premises In Gurugram Sealed By SFIO Over FAME-II Violations
- The Serious Fraud Investigation Office (SFIO) has sealed the premises of Hero Electric Pvt. in Gurugram over alleged violation of the FAME-II EV subsidy norms.
- Hero Electric, once India's largest electric two-wheeler maker, has faced troubles in recent years, including legal battles over the use of the 'Hero' brand name and violation of local procurement and import norms.
- The company's manufacturing plant has been shut down for over a year, and dealers have been demanding unpaid dues. At least 200 dealers camped outside the company's headquarters seeking payment.
- The market share of Hero Electric has significantly declined, and dealers have unsold stock of 1,500 scooters worth crores of rupees.
Bloomberg Quint | 29 Nov, 2024
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Ola Electric - You Need to Know Everything
- Ola Electric is a company that makes electric two-wheeler manufacturers and offers eco-friendly mobility solutions.
- Ola Electric is focusing on building large-scale production capacity from the beginning.
- Ola Electric's production facility in Tamil Nadu will be the largest of its kind globally.
- Ola Electric's competitors in the electric two-wheeler market include Ather, Hero Electric, Ampere, Bajaj, Okinawa, and TVS.
VIE Stories | 15 Nov, 2024
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Hero Electric FAQs
When was Hero Electric founded?
Hero Electric was founded in 2007. The company has been operating for 18 years primarily in the Automobile sector.
Where is the Hero Electric headquarters located?
Hero Electric is headquartered in Gurgaon,Haryana. It operates in 2 cities such as Chennai, Bangalore / Bengaluru. To explore all the office locations, visit Hero Electric locations.
How many employees does Hero Electric have in India?
Hero Electric currently has more than 300+ employees in India. Customer Success, Service & Operations department appears to have the highest employee count in Hero Electric based on the number of reviews submitted on AmbitionBox.
Does Hero Electric have good work-life balance?
Hero Electric has a work-life balance rating of 4.0 out of 5 based on 200+ employee reviews on AmbitionBox. 76% employees rated Hero Electric 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Hero Electric work-life balance reviews for more details
Is Hero Electric good for career growth?
Career growth at Hero Electric is rated as moderate, with a promotions and appraisal rating of 3.2. 24% employees rated Hero Electric 3 or below, while 76% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Hero Electric promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in Hero Electric?
Working at Hero Electric comes with several advantages and disadvantages. It is highly rated for work life balance, company culture and job security. However, it is poorly rated for promotions / appraisal, based on 200+ employee reviews on AmbitionBox.
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