Articles for tag: Changing, Demand, Dynamics, Electric, Europe, Growing, Hero, Launch, MotoCorp, Opportunities, Plans, Scooters, Seizing, Trade, Vida

September 19, 2024

Hero MotoCorp plans to launch VIDA V1 electric scooters in Europe, seizing opportunities amid changing trade dynamics and growing EV demand.

Hero MotoCorp is poised to expand into developed markets, launching its VIDA V1 electric scooters in the UK, France, and Spain by mid-2025. This marks the company’s first entry into these European regions, aiming to meet the increasing demand for electric vehicles. The launch aligns with ongoing discussions for a free trade agreement between India ...

September 1, 2024

Market News

Business

Hero MotoCorp Surges Ahead: 5% Sales Growth Amid Supply Challenges!

Hero MotoCorp reported a 5 percent increase in wholesales year-on-year, totaling 512,360 units for August. This is an increase from 488,717 units sold in August 2023. Domestic sales also rose to 492,263 units compared to 472,947 units last year, despite some supply shortages that impacted sales slightly. Exports showed strong growth, reaching 20,097 units, up ...