New Delhi, May 14 -- Hero MotoCorp is eyeing a more than a six-fold jump in the number of electric vehicles it sells in a month, as it looks to achieve profitability in its EV business by 2027, a top company official said on Wednesday.

India's largest two-wheeler maker, which sold about 4,000 electric scooters a month on average in FY25, wants to achieve monthly sales of 25,000-30,000 units as it scales up the business amid intense competition with market leaders Ola Electric Mobility Ltd, TVS Motor Company Ltd and Bajaj Auto Ltd.

This would translate to annual sales of about 360,000 units by Hero MotoCorp in 2027-28. In the financial year ended 31 March, Ola Electric led the pack with 344,009 e-scooter sales, followed by TVS and Bajaj ...