ABOUT HERO MOTOCORP COMPANY
This page is all about Hero Motocorp ,Hero motorcycle models, and their price. Hero MotoCorp Ltd., headquartered in New Delhi, is India’s largest two wheeler manufacturer and a global leader in motorcycles and scooters. Established in 1984 as a joint venture with Honda, it became a fully independent entity in 2011. Today, it combines deep local insights with global aspirations under its “Make in India for the World” ethos.
Origins & Evolution
- 1984: Hero Honda Motors Ltd. is formed as a 50:50 JV between Hero Cycles and Honda Motor Co., launching its first CD100 motorcycle.
- 1994–2005: Introduction of mass market icons (Splendor in 1994, Passion in 2001) and emergence as the world’s largest two wheeler maker.
- 2010–2011: Honda exits; Hero acquires full equity (December 2010) and rebrands to Hero MotoCorp Ltd. (January 2011).
Global Expansion & Collaborations
- 2016–2023: Exports milestone of 1 million units (2016); presence in 48 countries; technical partnerships in the UK, Germany.
- Nov 2024: Unveiled Surge S32—a 2 /3 wheeler transformable concept, market launch slated end 2024.
- EICMA 2024: Showcased premium launches (Xpulse 210, Xtreme 250R, Karizma XMR 250) and announced European foray by mid 2025 with the global spec Vida Z scooter.
- Harley Davidson JV: Expansion of X440 platform and roadmap for new scrambler variants.
Financial Performance Highlights
- FY 2000–FY 2023: Revenues surged from ~₹10,000 cr to ₹40,000 cr; net margins >10%.
- Q4 FY 2025: Reported a 24% rise in quarterly profit, driven by strong rural demand and premium launches.
- FY 2025 EV Retail: Highest ever annual Vida sales of 48,673 units (up 175% YoY) with record single month EV retail of 7,982 in Mar 2025.
CSR & Sustainability
- Road Safety: “Safety School” training for over 1 million youth.
- Environment: Solar panels at plants, water recycling systems, e waste initiatives.
- Community: Rural skill development centres and scholarships.
Timeline of Key Milestones
| Date |
Milestone |
| 1984 |
Hero Honda JV formed; first CD100 motorcycle roll out. |
| 1994–2001 |
Launch of Splendor (1994) and Passion (2001); production crosses 3 million units/year. |
| 2005 |
achieved the status of the world’s largest two wheeler maker. |
| Dec 2010–Jan 2011 |
Honda exits JV; company renamed Hero MotoCorp Ltd.; IPO raises ?4,070?crore. |
| Oct 2022 |
Vida V1 electric scooter debuts. |
| Jan 2024 |
Announces three new EV launches for FY 2025. |
| Nov 2024 |
Unveils Surge S32 transformable 2 /3 wheeler concept. |
| Dec 2024 |
Launch of Vida V2 range (Lite, Plus, Pro). |
| Jan 2025 |
Auto Expo: Introduces Xoom 125/160, Xpulse 210, Xtreme 250R, HF Deluxe Flex Fuel, Vida Acro. |
| Mar 2025 |
Records highest-ever monthly Vida EV retail (7,982 units). |
| Jul 1 2025 |
Launches Vida VX2 e scooter with Battery as a Service on Dr. BML Munjal’s birth anniversary. |
Future Outlook
- Electrification: Broaden EV portfolio in mid and economy segments; scale BaaS network.
- Premium & Global: Deepen premium Hero Motorcycle models range; expand European and Latin American operations.
- Digital & Connected: Enhance MY VIDA app features (OTA updates, remote diagnostics) and connected bike offerings.
With a blend of mass market strength, premium innovations, and accelerating e mobility, Hero MotoCorp is poised to lead the next era of sustainable two wheeler transportation, offering not just advanced features but also trusted Hero bikes mileage across its lineup ,both in India and globally.
