Electric two-wheeler maker Hero Electric on Friday stated it had zero dispatches to sellers in April, hit by the continued world semiconductor scarcity that led to stoppage of manufacturing.
The firm skilled excessive chip scarcity and provide chain constraints, Hero Electric stated in an announcement.
The automotive business remains to be scuffling with worldwide chip scarcity resulting in lack of manufacturing. Hero Electric was hit by the identical and posted zero dispatches in April 2022, it added.
“This has further increased the waiting list for its customers to 60 plus days and some of the dealerships have no stock to display,” the corporate stated.
Commenting on the state of affairs, Hero Electric CEO, Sohinder Gill stated, it’s like placing an emergency brake on a fast paced prepare.
“Our sales were almost doubling month-on-month and we somehow managed with sourcing from different geographies but the war (Ukraine) collapsed a major supply chain resulting in this disruption,” he stated.
The firm has equipped alternate sources and would quickly resume manufacturing, Gill added.
“Meanwhile, we are using this time to enhance our plant capacity to increase our production volumes as well as revisit our systems and processes related to batteries to further reinforce the quality assurance of our bikes,” he stated.
On the current incidents of electrical scooters catching hearth, Gill stated these are “awakening call for the industry”, including “we believe that even the best of the companies should introspect and constantly improve their designs and quality to repose confidence in the electric mobility that is going through such a robust growth path”.
Source: www.financialexpress.com”