New Delhi: Hero MotoCorp, main producer of bikes and scooters, offered 519,342 models in March 2023, a rise of 15% over the corresponding month of 2022, when it offered 450,154 two-wheelers.
The corporate offered 53,28,546 models in FY23, registering a progress of 8% over the corresponding interval of the earlier fiscal (FY22), when the corporate offered 49,44,150 models.
Hero MotoCorp created a sequence of benchmarks and milestones in FY23 for the Indian market in addition to the worldwide automotive trade. Ushering in an period of sustainability and clear mobility, VIDA V1 – Powered by Hero – the new-age fully- built-in electrical car (EV), made its debut in FY23. Deliveries of Vida V1 have commenced and the corporate has set-up greater than 300 charging stations throughout 50 areas in Delhi, Bengaluru and Jaipur for public use.
Redefining the scooter class and charting the following part of its tech-enabled journey within the scooter phase, Hero MotoCorp, launched the brand new 110cc scooter – Xoom. Strengthening its dedication to convey trendy, trendy and cutting-edge merchandise for the shoppers, Hero MotoCorp launched technologically-advanced XTEC variants of Iconic Splendor, Ardour adopted by Tremendous Splendor in FY23. The corporate additionally created pleasure available in the market by launching the 4-Valve version of its standard tourer XPulse 200T, and the Rally Version of XPulse 200 4V. Additionally, launched Canvas Black Version for Tremendous Splendor and Stealth 2.0 Version for Xtreme 160R.
The fiscal yr additionally noticed Hero MotoCorp partnering with Zero Bikes, California primarily based producer of electrical bikes and powertrains, to collaborate on Premium Electrical Bikes. This collaboration will mix the experience of Zero in growing energy trains and electrical bikes with our international scale and capabilities in manufacturing, sourcing and advertising to usher within the period of sustainable & clear know-how within the mobility area.
Hero MotoCorp additionally introduced its first foray into the South East Asian Market by forging a partnership with Terrafirma Motors Company (TMC), part of the Columbian Group of Corporations, to launch its merchandise within the Philippines.