Hero MotoCorp bets on premiumisation, EVs to sustain growth momentum
Hero MotoCorp has seen notable revenue growth in the September quarter, buoyed by soaring sales volumes. The company's market share climbed to 7.3%, thanks to heightened demand for scooters and VIDA electric vehicle sales. With plans for new premium motorcycle launches and an expansion of EV production, Hero anticipates a revival in international markets, projecting growth...
Key Takeaways
- Hero MotoCorp has seen notable revenue growth in the September quarter, buoyed by soaring sales volumes.
- The company's market share climbed to 7.3%, thanks to heightened demand for scooters and VIDA electric vehicle sales.
- With plans for new premium motorcycle launches and an expansion of EV production, Hero anticipates a revival in international markets, projecting growth in exports for the latter half of FY27.
Hero MotoCorp has seen notable revenue growth in the September quarter, buoyed by soaring sales volumes. The company's market share climbed to 7.3%, thanks to heightened demand for scooters and VIDA electric vehicle sales. With plans for new premium motorcycle launches and an expansion of EV production, Hero anticipates a revival in international markets, projecting growth in exports for the latter half of FY27.
Original Publisher Attribution
This summary was curated from Economic Times.