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    Hero MotoCorp Price Hike Dec 2022 – Splendor, Passion, Pleasure

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    Rise in prices of Hero motorcycles and scooters is due to the prevailing inflationary situationNew Hero SplendorIndia’s largest two-wheeler manufacturer, Hero MotoCorp has announced that it will be increasing prices of its motorcycles and scooters from December 01, 2022. Prices will be increased by up to Rs 1,500 and will vary based on the specific model and market.This will be the fourth price hike for Hero motorcycles and scooters in 2022. The last price hike was in September, when prices were increased by up to Rs 1,000. At that time too, the reason for the price hike was stated to be rising cost inflation. Hero MotoCorp Dec 2022 price hike will be applicable to almost all their two wheelers, including top sellers like Splendor, Passion, HF Deluxe, Pleasure, Destini, etc.Hero MotoCorp price hike December 2022OEMs usually try to absorb rising cost inflation as much as possible, since it has potential to impact sales. OEMs can optimize processes and reduce production cost to deal with rising cost inflation. Overall, the aim is to minimize the impact on consumers. However, at times it is just not possible to avoid a price increase. This is usually done to ensure business sustainability.As a means to cushion the impact of price hike on consumers, Hero MotoCorp has said that it will continue to provide innovative financing solutions. It is likely to include option of minimal down payment and competitive interest rates. There could be some special offers available at the dealer level as well.Prices of new Hero Vida Electric scooter start from Rs 1.45 lakh, ex-shHero has also launched online exchange program, which is another great way to reduce overall cost of acquisition. The exchange program covers most scooters and motorcycles that are less than 15 years old. Users just need to provide some details about the condition of their bike to get an instant quote on the exchange value. Hero’s exchange program is a great help to those looking to buy a new bike or upgrade to a larger capacity model.To protect consumers from future price hikes, Hero has launched an accelerated savings program within the organization. It will not only help absorb further cost impact, but will also result in improved margins. In view of prevailing economic conditions, Hero expects increased demand for two-wheelers in the future. It is anticipating an increase in sale volumes in coming quarters.Hero upcoming bikesHero has already ventured into EV space with launch of Vida electric scooter. It is currently available for sale in Bengaluru, Delhi and Jaipur. Other cities will be covered in the coming months. An electric bike is also under development in collaboration with California (USA)-based Zero Motorcycles. Investments worth up to US$60 million have been allocated for Zero Motorcycles, which will be utilized for design and development of Hero’s first electric motorcycle.In ICE segment, Hero is expected to launch Xpulse 400 and Xtreme 400S. These have been spotted on road tests. Another major project is a new 350cc bike being developed in collaboration with Harley-Davidson. The bike is currently in advanced stage of development. It will have Harley’s signature design aesthetics and sold via Harley dealerships. It will primarily rival Royal Enfield 350cc bikes. More

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      First Hero Harley Motorcycle To Launch In 2024 – Royal Enfield Rival ?

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      Expected to be available in showrooms by March 2024, the first Hero-Harley bike will challenge Royal Enfield in 350cc segmentNew Hero-Harley Motorcycle For IndiaHarley-Davidson’s decision to exit Indian market has turned out to be an opportunity for Hero MotoCorp. As per their collaboration, Hero is taking care of sales and service of Harley-Davidson bikes across the country. Hero is also managing network expansion of Harley dealerships.Hero-Harley partnership also entails development of entirely new motorcycles. The first of these new products has now been confirmed by Niranjan Gupta, CFO at Hero MotoCorp. Along with mass-market products, Hero-Harley will also be targeting the premium segment. An entirely new platform is also being developed in collaboration with Harley.First Hero Harley Motorcycle – new 350cc bikeHero-Harley new 350cc bike is currently in advanced stage of development. The new product has to be really good, as it has been almost impossible to dent the cult-like following and popularity of Royal Enfield bikes. Harley nameplate could be an advantageous factor, but it is too early to make predictions about how consumers will react to Hero-Harley 350cc bike.Not many details are available about Hero-Harley 350cc bike at this point of time. It is expected to have a retro profile and Harley’s signature design aesthetics. To ensure it does not get branded as a cheap rip-off of Harley, the new bike will be sold via Harley dealer network. The new 350cc bike will create history, as it will mark Harley’s re-entry into the middleweight motorcycle segment. As may be recalled, Harley had discontinued Street 750 and the Street Rod 750 in 2021.Harley Davidson 353cc Motorcycle – Design PatentJust a few years back, the options available in 350cc segment were largely limited to Royal Enfield bikes. This space has become a lot more competitive with new product launches from Honda, Jawa, Yezdi, Keeway and most recently QJ Motor. It’s another matter that Royal Enfield continues to dominate with market share of more than 80%. In future, OEMs like Triumph and Bajaj are also expected to launch their respective products in 350cc segment.Hero upcoming bikesApart from the new 350cc bike, Hero is also working to expand its own portfolio. Among the most awaited are Xpulse 400 and Xtreme 400S, which were spotted on road tests earlier this year. These new bikes could be equipped with a 421cc motor that generates around 40 bhp of max power.While the faired version will target rivals like TVS Apache RR310 and BMW G310RR, the ADV will lock horns with KTM 390 Adventure, Yezdi Adventure, Royal Enfield Himalayan and BMW G310GS. Launch is expected sometime next year.Hero is also stepping up focus in EV space. Its first electric scooter Vida is available for sale in Delhi, Bengaluru and Jaipur. More cities will be covered in a phased manner. Hero is also developing an electric motorcycle in collaboration with California (USA)-based Zero Motorcycles. Hero will be investing up to US$60 million in Zero Motorcycles, which will be used for the development of electric motorcycles. Hero has similar collaborations with Ather Energy and Gogoro as well. More

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      Hero Vida Electric Scooter Test Ride Starts – First Experience Center Opens

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      The first Hero Vida Experience Center is now open in Bengaluru – Next ones will open in Jaipur and DelhiFirst Hero Vida Electric Scooter Experience CenterHero MotoCorp created quite a buzz when they launched its Vida V1 electric scooters. Coming from India’s largest motorcycle manufacturer, it was set to push the EV envelope further than what it currently packs. Now, the company has opened its first experience center in Bengaluru and has commenced test rides as well.The first Hero Vida Electric Scooter Experience Center is located in Bengaluru at prominent Vittal Mallya Road. Here customers will be able to familiarize themselves with the brand, experience the product and immerse themselves in a ‘Worry-free EV Ecosystem’ of VIDA. To mark this occasion, VIDA has also commenced customer test rides of VIDA V1 from today.Hero Vida Electric Scooter Experience CenterSpread over 8500 sq. ft., this Experience Center will display the VIDA V1 scooters, charging stations, an interactive wall that illustrates the brand vision, and product configurations to help customers visualize their VIDA V1. It has an in-house coffee bar and a library as well. Hero MotoCorp is pitching it as a hub for VIDA communities, hosting events, brand meets and cohort activities in the future. After the first Hero Vida Experience Center in Bengaluru, Jaipur and Delhi are next.Speaking on the occasion, Dr. Swadesh Srivastava, Head – Emerging Mobility Business Unit (EMBU), Hero MotoCorp said: “Expanding our vision to shape the EV category and grow its scale, we are excited to open the first VIDA Experience Center. This Experience Center is a manifestation of our vision to build experiences that create curiosity, and meaningfulness and that people connect with.First Hero Vida Electric Scooter Experience CenterThe Experience Center will provide the community insight into the ‘Worry-free EV ecosystem’ that we have created with VIDA. This center is one of the many physical assets of our omnichannel approach. Our tech stack and physical assets are built to uplift the customer experience from just entering into a space of retail to a space where they can be part of a larger story. It’s a one-of-its-kind experience that we are providing in the segment.”Pricing & DeliveriesVIDA V1 comes with a performance that can take it from 0-40 in 3.2 secs. With up to a 3.94 kWh battery, it boasts a range of 163 km (IDC) and a top speed of 80 km/h. Features include a Custom Mode (100+ combinations), Cruise Control, Boost Mode, Two-way throttle, Key-less access and an OTA-enabled 7” TFT Touch-Screen.Along with Vida V1 electric scooter range, Hero is also offering services like Green EMI and efficient interest rates. Buy-Back scheme assures vehicle buy-back at 70% of purchase value between the 16th to 18th months of vehicle ownership. Hero MotoCorp offers a test ride for up to three days. Along with these, Repair On-Site service is offered too, where customer executives are available to provide service anywhere, anytime.First Hero Vida Electric Scooter Experience CenterMost of these are new to the EV segment in India and reception for this approach is yet to be seen. VIDA V1 is available in two variants – VIDA V1 Plus at Rs. 1,45,000 and VIDA V1 Pro at Rs. 159,000 (both prices ex-sh). Customer deliveries of VIDA V1 commencing from the second week of December 2022. More

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      New Xpulse 200T Fully Revealed – Walkaround Video

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      Earlier, 200T used to make 17.83 bhp and 16.15 Nm from its 199.6cc air/oil cooled engine and New Xpulse 200T 4V will make 18.8 bhp and 17.35 NmNew XPulse 200T 4VAt the pricier end of Hero’s motorcycle spectrum, we have XPulse and Xtreme series. Xtreme series consists of Xtreme 160R, a street fighter, and Xtreme 200S, a sports bike/sports tourer. Xpulse series consists of the rather brilliant XPulse 200 off-roader and XPulse 200T tourer.Soon, Hero will have much more capable flagships in the form of a 300cc to 400cc+ Xpulse off-roader, Xpulse tourer and an Xtreme sports bike/sports tourer. Until then, XPulse 200 series is the flagship. Hero is now gearing up to launch the New Xpulse 200T 4V to give it a refresh. This is that shot in the veins that Xpulse 200T needed as it was overshadowed by its off-roading sibling.New Xpulse 200T 4V WalkaroundLooks like Hero has given a thorough facelift for New Xpulse 200T 4V. Changes are not pretty significant. Yet, they make their presence known. Right off the bat, we can spot a new fly-screen that first made its debut on the Xpulse 200T Scrambler concept back in 2018. Headlamp assembly is still the same, but with this new fly-screen, it looks much sharper. Take a look at V8 Historia De Motores’s video below.Unlike the Scrambler concept, New Xpulse 200T 4V fly-screen will be body coloured as opposed to funky neon yellow. Front forks were exposed before. With the update, we can see fork gaiters that enhance the retro appeal along with fly-screen. Other visual changes include a belly pan. This was also present in the Scrambler concept.[embedded content][embedded content]Along with these, we also get a new grab rail made which is tube type, as opposed to rack-type unit shared with Xpulse 200 off-roader. Handlebars seem to be raised more than before that will certainly aid in touring comfort. Even though the changes are minor, they come together beautifully and lend the New Xpulse 200T 4V a brand-new look, especially with new dual-tone colour schemes.Specs & FeaturesHero MotoCorp is not making some design changes and calling it a day for this update. No, sir/ma’am. This is much more profound than that. This update will bring in the new 4V head that its off-road sibling received earlier this year. This will ensure better breathability and since the new valves are lighter, they’ll rev higher and see less wear and tear in the long run.Earlier, 200T used to make 17.83 bhp at 8,500 RPM and 16.15 Nm of torque at 6,500 RPM from its 199.6cc air/oil cooled engine. 200 4V off-roader makes 18.8 bhp at 8,500 RPM and 17.35 Nm at 6,500 RPM. These figures are likely to be translated to New Xpulse 200T 4V. Its oil-cooling radiator is enlarged too, just like Xpulse off-roader.New XPulse 200T 4VWith the off-roader, 4V head costs Rs. 10,000 more. 200T currently costs Rs. 1.24 lakh (ex-sh) and with this update, we can see pricing go till Rs. 1.34 (ex-sh). Launch is likely to happen very soon and will take on Honda Hornet 2.0 and the likes with respect to price. Features like Bluetooth connectivity will be retained with this update. More

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      Hero Vida Electric Scooter Vs TVS iQube, Bajaj Chetak, Ola, Ather

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      With the launch of Vida V1 Pro and Vida V1 Plus, Hero MotoCorp takes its maiden step towards 2W EVsHero Vida V1Hero MotoCorp launched two electric scooters under Vida name. They are Vida V1 Plus and Vida V1 Pro. Hero is aiming to create a niche for itself by launching a host of other add-ons like charging infra and Vida services, for smoother ownership. Hero MotoCorp also promises to launch nationwide charging stations as well.Hero Vida V1 Vs RivalsBoth Hero Vida V1 electric scooters get front telescopic forks and a single-sided mono-shock at the rear. Ola S1 and S1 Pro both get single-sided front forks as well. Even though there have been some reported failures of Ola’s single-sided front fork, it does make the right side very pretty and uncluttered.Rest of the rivals get dual front telescopic forks as well. Except for iQube, every electric scooter in this comparo gets a mono-shock unit. Hero didn’t mention the disc brake sizes. Both Vida V1 Pro and V1 Plus get disc brake at the front and rear drum brake. Hero MotoCorp has offered 12″ alloy wheel sizes and tyre sizes are not yet revealed.Because of its banana-shaped batteries neatly housed into its floorboard, Ola S1 and S1 Pro offer 36L which is the highest in this comparo. They are followed by 32L of top-spec iQube, Simple One with 30L, Hero Vida V1 Pro and V1 Plus with 26L, 450X with 22L and lastly, Chetak with 20L.Hero Vida V1 Vs Rivals – SpecsBoth Ola scooters and Simple One boast 8,500W peak power. While both Hero scooters’ peak power is 6,000W, followed by 5,400W of 450X, 4,400W of iQube and lastly, 4,080W of Chetak. In terms of continuous power, Ola scooters take the cake again with 5,500W, followed by 3,900W of Hero Vida V1 scooters. iQube is the only one with a hub motor as Vida V1 gets a swingarm-mounted motor.Specs & FeaturesHero hasn’t mentioned torque figures either. So, Simple Energy is still the torque champ with 72 Nm, followed by Ola S1 Pro and S1 with 58 Nm. When it comes to range extracted from a single charge, Simple One is unrivaled with a claimed range of 236-300 km! S1 Pro is next with 181km, followed by Vida V1 Pro with 165 km, 450X with 146 km, Vida V1 Plus with 143 km, S1 with 141 km, top-spec iQube with 140 km and lastly, we have Chetak with 85-95 km (all range figures are claimed by their respective manufacturer).With its secondary removable battery, Simple One boasts a total of 4.8 kWh battery. Top-spec variant of iQube stands 2nd with a 4.56 kWh battery, followed by a 3.97 kWh battery of S1 Pro, a 3.94 kWh battery of Vida V1 Pro, a 3.7 kWh battery of 450X, a 3.44 kWh battery of Vida V1 Plus and lastly, we have Chetak and S1 with 3 kWh worth of juice. Hero Vida V1 gets dual removable batteries that can be charged both internally and externally.Hero Vida V1 Vs Rivals – PowertrainHero didn’t mention if the prices are excluding subsidies or not. Which are likely to be inclusive of subsidies which make them a tough proposition when compared to rivals. So, Vida V1 Plus costs Rs. 1.45 lakh and V1 Pro costs Rs. 1.59 lakh. Prices vary from state to state and hence we advise you to visit your nearest dealer for an exact price quote. More

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      2023 Hero Xtreme 160 Spied For First Time – Pulsar, Apache Rival

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      While Hero is at the cusp of starting a new chapter by embracing e-mobility, it is also working on a new crop of flagship products2023 Hero Xtreme 160 SpiedNot long ago, a small fleet of camouflaged medium-displacement Hero prototypes with adventure tourer and supersport body styles were spotted testing in the mountains. It led to speculation that the two wheeler giant is working on 300 cc versions of its existing 200 cc nameplates like Xpulse and Xtreme.This was quickly followed by reports that these new models are powered by a 421 cc single-cylinder. Either way, it is obvious that Hero Motocorp is busy developing a medium displacement family of products in a bid to expand its horizons in the mid-premium segment.2023 Hero Xtreme 160 Spied TestingApart from developing all new motorcycles, Hero is also working on updating their existing range of motorcycles. Test mules of what is believed to be of new gen Hero Xtreme 160R, have been spied for the first time in Jaipur, Rajasthan.From what can be seen, the motorcycle’s styling conforms to the conventional street bike trend. By that we mean small LED taillight, bulky fuel tank with prominent cladding, minimal panels around the headlamp (most likely to be an LED unit), a rectangular fully digital instrument console and reasonably thick tyres.2023 Hero Xtreme 160 SpiedWhile the mid-displacement range of Hero motorcycles that was spied earlier was seen sporting inverted telescopic front forks, the Xtreme 160R new gen continues with traditional telescopic setup. Engine is likely to be updated to deliver better performance and mileage.In its current setup, the 163cc unit delivers 15 bhp and 14 Nm via 5 speed transmission. As far as the features are concerned, LED lighting, digital instrument console, alloy wheels, dual-channel ABS and smartphone connectivity are almost certain.On-paper specs and equipment list aside, Hero’s biggest trump card in a field full of very competent products is its network reach. But that has not helped them gain market share against the likes of arch rivals Bajaj Pulsar and TVS Apache. With the launch of new gen Xtreme 160, Hero will likely bring in some segment first updates to boost sales.When is it coming?In the short term future, Hero Motocorp is going to be busy establishing its recently launched Vida electric sub-brand which is crucial for its long term sustainability. Expect to see the new Xtreme 160R at the Auto Expo early next year. Until then, we expect regular public appearances of the test mules with more info about the specs trickling in. More

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      Hero Vida V1 PRO Vs V1 Plus – Electric Scooter Specs Compared

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      Available at a starting price of Rs 1.45 lakh, Vida V1 has dashed expectations of a more mass-market oriented product from India’s largest two-wheeler manufacturerHero Vida V1 Electric ScooterPositioned as a premium product, Hero Vida V1 will take on rivals such as Bajaj Chetak, Ather 450X, Simple One, TVS iQube and Ola electric scooter. There will be two variants on offer, Vida V1 Plus and V1 Pro. Prices are Rs 1.45 lakh and Rs 1.59 lakh, respectively (ex.sh). Bookings will open on 10th October and deliveries will commence from the second week of December.While acquisition cost is relatively higher in comparison to the likes of Hero Electric scooters, Okinawa and Ampere, Vida V1 justifies its pricing by offering a range of segment-first and hi-tech features. It will be interesting to see how much sales it can generate at this price point. The list of bestselling electric two-wheelers clearly shows the preference for affordably priced models.Hero Vida V1 PRO Vs V1 PlusAs per IDC standard, range is 143 km for Vida V1 Plus variant and 165 km in case of V1 Pro variant. Top speed is rated at 80 kmph for both variants. V1 Pro can accelerate faster, achieving 0-40 kmph in 3.2 seconds. V1 Plus will take 3.4 seconds. Gradeability of Vida V1 electric scooter is 20°.As compared to rivals like Bajaj, Ather, iQube and Ola, Hero Vida V1 comes with a removable battery pack. V1 Plus has 3.44 kWh battery whereas V1 Pro has 3.94 kWh battery. With fast charging, Vida V1 electric scooter can be charged from 0% to 80% in around 65 minutes. In a home environment, charging time from 0% to 80% is 5 hr 15 min for V1 Plus and 5 hr and 55 min for V1 Pro.Hero Vida V1 PRO Vs V1 PlusPowered by a PMSM electric motor, peak output is 6kW (8 HP) for both variants. Based on their needs, users can choose from riding modes of Eco, Custom, Ride and Sport. An interesting, useful feature is Limp Home, which allows users to drive the scooter for around 8 km at the speed of 10 kmph.Vida V1 has a compact, sporty profile and comes in exciting colour options. It is equipped with a 7-inch TFT touchscreen display with Bluetooth, 4G and Wi-Fi connectivity. A comprehensive range of advanced features are on offer such as anti-theft alarm, track my bike, geofence, remote immobilization, vehicle diagnostics and SOS alert.Vida V1 launch schedule, support infraHero Vida V1 electric scooter will be launched in a phased manner. This will be done to avoid a long waiting period. Coming from Hero MotoCorp, significant number of bookings are expected for Vida V1. In the first phase, the scooter will go on sale in Delhi, Bengaluru and Jaipur. Other cities and regions will be covered later. The scooter is being manufactured at the company’s facility in Chittoor, Andhra Pradesh.Hero Vida V1 Electric ScooterVida V1 electric scooter will be backed by a wide network of fast charging stations. There’s Vida Cloud as well, which can be used for various purposes such as booking a charging station, remote diagnostics and on-site repair. Hero is also offering attractive finance schemes with interest rates 1.5-2% less in comparison to prevailing market rates.Another useful offer is buy-back scheme, wherein customers are assured of getting 70% of purchase value during the 16th to 18th months of vehicle ownership. Interested buyers will also benefit from a first-of-its kind 3-day test ride.Image Source More

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      Hero Vida V1 Electric Scooter Launch Price Rs 1.45 L – 165 Kms Range, 2 Variants

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      Vida V1 electric scooter will mark Hero MotoCorp’s maiden step into 2W EV territoryHero Vida V1 Electric ScooterHero MotoCorp is known for its budget commuter motorcycles. With models like Splendor, Hero MotoCorp has gone from strength to strength to compete at the highest level. In this journey, Hero MotoCorp has become the highest-selling motorcycle brand in the country.With its roots set deep in ICE commuters, the Indian manufacturer is now foraying into EV territory with the Vida V1 electric scooter. After the legalities with Hero Electric ended in favour of Hero MotoCorp, Vida electric 2W vehicles can now be marketed with the word “Hero”.Hero Vida V1 Electric ScooterWith strategic partnerships with Gogoro and Ather Energy, Hero MotoCorp promises to offer sound and a potent electric scooter. Named Hero Vida v1, it is an attractive offering that is priced at Rs. 1,45,000 for V1 Plus and Rs. 1,59,000 (ex-sh) for V1 Pro. Booking can be done at a token amount of Rs. 2499.Hero Vida V1 Electric ScooterRight off the bat, Hero Vida V1 looks striking. Hero has stuck to traditional scooter proportions and has distanced itself from futuristic designs. It is a good thing as it helps the motorcycle to blend in with other scooters. Easy on the eyes, we would say. It gets LED side turn indicators housed in the headlight cowl. While the headlight is placed lower down in its apron.Hero Vida V1 Electric ScooterA large squarish touchscreen takes the place of an instrument cluster and looks modern and futuristic at the same time. Hero claims that it is a “smartphone on wheels” and promises a worry-free ride. Touchscreen is 7″ in size which is on par with rivals like Ola S1 series and Ather 450X. Vida V1 also gets cruise control for ease of use and gets keyless functionality as well.Hero Vida V1 Electric ScooterHero MotoCorp is offering Vida V1 in two variants namely Vida V1 Pro and Vida V1 Plus. Pro is the top-spec variant and claims 165 km (IDC) of range on a single charge from a 3.94 kWh battery while accelerating from 0 to 40 km/h in 3.2 seconds. Vida V1 Plus promises 143 km (IDC) of range on a single charge from a 3.44 kWh battery while accelerating from 0 to 40 km/h in 3.4 seconds. Top speed is capped at 80 km/h for both variants. Both V1 Pro and V1 Plus can be charged at a rate of 1.2 km/minute.Vida V1 comes with riding modes namely Eco, Ride and Sport. Hero also promises 100+ combinations of custom modes. Hero Vida V1 gets navigation, charging slot booking and promises seamless smartphone connectivity. For the first time in the industry, 100+ combinations to prioritize range when needed and performance, when needed. It also gets two-way throttle enabling reverse mode as well. Boot space is 26L.Hero Vida V1 electric scooter launch price Rs 1.45 lakhBookings open from 10th Oct, 2022. Deliveries start from Dec 2022. Launch is in phases. First phase launch cities are Jaipur, Delhi and Bangalore. pic.twitter.com/vtWC9UkHW7— RushLane (@rushlane) October 7, 2022Specs & featuresOther features offered with Vida V1 are SoS connectivity if needed. At this event, Hero launched the omnichannel Vida platform along with its electric scooters. Offered with it are Vida services which promise to ensure smoother ownership. Also launched is Vida charging network. Hero Vida V1 gets a removable battery which is tested for multiple tests like drop, crush, nail penetration and more. Vida V1’s BMS passes 570 tests and is a lifetime adaptive learning architecture that enhances battery longevity. Hero Vida V1 also gets a Limp Home mode as well.Hero Vida V1 prices start at Rs. 1,45,000 for V1 Plus and Rs. 1,59,000 for V1 Pro (ex-sh). The company offers attractive financing options and also offers buyback plans with up to 70% assured value. Test rides can be done for up to 3 days. Hero Vida V1 series electric scooters will rival TVS iQube, Ola S1 and S1 Pro, Ather 450X, Simple One and Bajaj Chetak among many.The VIDA V1 comes with standard five-year warranty for 50,000 kms. The batteries are covered by a warranty valid for three years or up to 30,000 kilometers. VIDA V1 Plus is available in three exciting colors – Matte White, Matte Sports Red and Gloss Black while VIDA V1 Pro comes in four colors, including these three and Matte Abrax Orange. More

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      Hero MotoCorp Sales Sep 2022 – Splendor, Passion, Deluxe, Maestro

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      Hero MotoCorp registered a double-digit growth of 14.42% from April to September period over vehicles sold in the same period last yearSuper Splendor Black EditionHero MotoCorp sold more than 28 lakh units in the first six months of the Financial Year (April-September) 2022-23. This is a double-digit growth of 14.42% over the corresponding period of the previous fiscal (FY ’22) when the Company had sold more than 24 lakh units.The Indian motorcycle giant pushed out 519,980 units of motorcycles and scooters in September 2022. Sequentially, this translates into a growth of 12.4% MoM over the month of August 2022, when Hero had only sold 462,608 units. However, when we take the sales numbers that Hero crunched in September 2021, we see a slight drop in sales.Total sales in September 2021 were 5,30,346 units with a volume loss of 10,366 units, Hero registered a 1.95% YoY drop and 12.40% MoM growth. Motorcycle sales stood at 4,80,237 units this month with a 1.88% drop in sales YoY with a 9,180 units volume drop and a 6.54% growth MoM. But, motorcycle sales account for 92.36% of total Hero sales.Hero MotoCorp Sales Sep 2022Hero scooters saw 39,743 units sold in total with a 2.90% drop in sales YoY. However, scooters register a 234.88% growth MoM which is staggering. Top selling Hero scooters include Maestro, Destini. Hero’s domestic sales thrived while exports dragged it down. Domestically, Hero registered 0.44% growth YoY and 17.85% growth MoM. But with only 12,290 units shipped in total, Hero exports hit the ground with a 50.61% YoY drop and a 61.36% MoM drop.Hero Sales – September 2022Motorcycles are Hero’s forte with a 92.36% share in the company’s total sales. Top selling motorcycles from Hero include Splendor, HF Deluxe, Passion, Xtreme, Xpulse, etc. While scooters only enjoy 7.64% of the total sales. It can also be seen that Hero is bleeding red when it comes to exports. Hero’s exports only account for 2.36% of total volume pushed. While domestic sales account for 97.64% of total volume pushed out of their factories.Hero MotoCorp YTD salesWhen it comes to Year To Date analysis, Hero fares relatively better. With 28,18,361 units pushed out, Hero registered a 14.42% YoY growth with 3,55,231 units gained YoY. Out of this figure, 26,38,618 units are motorcycles which gained 3,44,877 units YoY and registered 15.04% growth YoY. Scooters account for 1,79,743 units and register 6.11% growth YoY with 10,354 units volume growth.Hero’s sales stand strong domestically at 27,17,280 units YTD with 4,10,766 units of volume gain and register a 17.81% YoY growth. But, as we said earlier, Hero loses precious ground when it comes to exports. With just 1,01,081 units shipped YTD. Hero lost 35.46% of sales YoY.The company is geared up to launch its first electric vehicle, VIDA – Powered by Hero on October 7, 2022. This move by Hero was much needed as the company needed to establish its roots strongly in the ever-growing 2W EV segment. With a US$60 million investment in Cali-based Zero Motorcycles, a partnership with Gogoro and Ather Energy, Hero is hoping to emerge as an EV giant in the near future. More