Hero to Ride into EU Markets by FY26 Q2

Hero to Ride into EU Markets by FY26 Q2

4 months ago | 5 Views

In this quarter, Hero MotoCorp intends to establish a presence in the European market. The domestic two-wheeler behemoth, which already has a significant foothold in the global market, intends to introduce its products in the European markets, including Germany, France, Spain, and the UK, in the second quarter (July-September) of the current financial year. As a crucial component of the brand's strategy for worldwide growth, this is included.

Pawan Munjal, Chairman of Hero MotoCorp, stated that the company's ambitious worldwide expansion plan will see it increase its footprint in Germany, France, Spain, and the United Kingdom in the second quarter of fiscal year 2025–26, as it extends its vision of mobility without boundaries to new markets. "In FY 2024-25, we achieved 43 percent YoY growth in international markets from South Asia to Latin America through a sharp focus on customer experience, quality and scale," he said, adding that the company's overall international market expansion was driven by a focus on these three factors.

Hero MotoCorp To Enter Germany, France, Spain, UK In Q2 FY26: Chairman  Pawan Munjal

Later this year, Hero MotoCorp will enter the European and UK markets, which Munjal claimed will be the next stage in the company's worldwide ambition, supported by technological competence and innovation.

Munjal said more in his statement to the company's shareholders in the OEM's annual report for FY2024-2025 that the brand is investing in the future, both in India and abroad, and through the company's own platforms, such as the 'Hero for Startups' initiative, where it is mentoring the next generation of entrepreneurs, providing them with access to R&D, and opening up market opportunities.

Vida, the electric car business of Hero MotoCorp, saw a 200% increase in sales.

Strategic retail expansion into important urban markets throughout India, according to Vida, the electric vehicle division of Hero MotoCorp, which recently introduced the Vida VX2 electric scooter, has resulted in a 200% increase in sales. "The Vida V2 has redefined accessibility in electric mobility for the modern commuter," said Munjal, adding that the company's relationship with Ather Energy, which is now a publicly traded company, has strengthened India's largest EV charging network and position as a leader in the premium electric market.

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