Total two-wheelers registered a growth of 14 per cent in July 2022 with sales increasing from 262,728 units in July 2021 to 299,658 units in July 2022.
Hero had first tried its hybrid sales model during the Covid-19 times but later withdrew due to capacity not being able to catch up to the showroom sales.
The companies were among four bidders selected by the government in March to build a total of 50 gigawatt hours (Gwh) of battery storage capacity under a production-linked incentive programme.