Hero MotoCorp

Hero Xtreme 200S 2VAhead of the launch of new gen Karizma next month, Hero MotoCorp has discontinued the 2V version of Xtreme 200SHero MotoCorp is one of the largest 2W manufacturers in the world. Most of their sales are thanks to budget commuters like Splendor range. That said, Hero is now increasing focus on larger cc motorcycles.In recent times, they have launched 2023 Xpulse 200 4V and Xpulse 200 4V Pro, Xpulse 200T 4V, Xtreme 160R 4V and Xtreme 200S 4V. They have also launched X440 in association with Harley Davidson. Next they plan to launch new gen Karizma.Hero Xtreme 200S 4V coloursHero Xtreme 200S 2V discontinuedEarlier this month, Hero launched Xtreme 200S 4V with a new and more powerful engine setup along with improved braking setup. Adding sporty credentials were 6% more power and 5% more torque as opposed to the 2V model. The 4V head ensured a higher number of lighter and smaller valves that increased reliability as well. Better valve control ensures increased fuel efficiency too.Xtreme 200S 4V launched at Rs. 1.41 lakh (ex-sh) price tag. Surprisingly, Hero kept the old 2V model on sale until now. It has now been removed from the official website. It is likely that Hero kept the 2V model on sale till now to clear existing stock.Hero Xtreme 200S 4VWe saw a similar strategy when Hero launched Xpulse 200 4V. Now, Hero has taken Xtreme 200S 2V from the website and Xtreme 200S 4V is now the only fully-faired offering from the brand. It features an appealing fairing and looks sporty, especially with new colours on offer.Hero Xtreme 200S 4V specsXtreme 200S 4V model on saleFeatures include an LED headlight, LED tail light, a fully digital instrument cluster, Bluetooth connectivity, smartphone connectivity, call alerts, notification alerts, turn-by-turn navigation and others. Componentry include RSU telescopic front forks, mono-shock rear suspension, 100/80-17 front tyre and 130/70-17 rear tyre.Fuel tank capacity is 12.8L, which should offer a decent tank range from the new and improved engine. Speaking of, this 199.6cc 4V engine now makes 19.1 PS of power and 17.35 Nm of torque and is mated to a 5-speed gearbox. Panther Black Metallic, Mat Axis Grey Metallic and Moon Yellow are colour options. Hero MotoCorp is prepping to launch new Karizma XMR 210 on 29th Aug 2023. It will sit above Xtreme 200S 4V. More

Zero Electric Motorcycle India Launch ConfirmedPartnership with entities like Zero Motorcycles allows Hero MotoCorp to be future-ready and diversify its EV portfolioWhile Hero MotoCorp leads in ICE-segment, it is yet to show any significant progress in EV segment. Vida electric scooter has potential, but sales haven’t been as per expectations. Nonetheless, Hero has been working on a multi-pronged strategy to strengthen its position in EV segment.One of the key focus areas is establishing partnerships with leading players in EV space. Hero already has a 35% stake in Ather Energy. Another key collaborator is California-based Zero Motorcycles that manufactures a wide range of high-performance electric bikes. Last year, Hero MotoCorp had announced an investment worth $60 million (approx. Rs 491 crore) in Zero Motorcycles.Zero Electric MotorcycleZero electric motorcycles to launch in India soonHero MotoCorp’s annual report confirms that enthusiasts in India will soon have access to high-performance electric machines produced by Zero Motorcycles. However, an exact timeline is not available at this point of time. But looking at the fast-paced growth in electric two-wheeler segment, it is highly probable that Hero will be looking to introduce Zero electric bikes as soon as possible.Hero will be aiming to get the first-mover advantage, as currently there aren’t many players in premium electric motorcycle segment. One example is TVS-backed Ultraviolette Automotive that manufactures the premium F77 electric bike. It is likely that Hero will focus on the premium segment as well as introduce more affordable versions for Indian market. The latter can be targeted at specific overseas markets as well. We are already witnessing this strategy in action with bikes like Harley X440 and upcoming Nightster 440.Zero Electric Motorcycle India Launch ConfirmedHero’s partnership with Zero Motorcycles will allow access to world-class electric powertrains and electric two-wheeler products. Hero will contribute by leveraging its low-cost manufacturing prowess and its vast sales and service network. This partnership is an important step in Hero’s sustainable mobility journey. Such collaborations will help accelerate adoption of electric mobility in India and across overseas markets.Upcoming Zero electric motorcycles for IndiaSelecting the bikes relevant for Indian market can be a bit challenging. One reason is that Zero Motorcycles offers a wide range of Street and Dual-Sport options. Decision making can be simplified if the direct import route is chosen. However, such a system will make the bikes hugely expensive and inaccessible to a large segment of potential buyers. It appears that local sourcing and local manufacturing can work, which is where Hero is likely to focus.It remains to be seen how many compromises will be made to achieve an affordable price point. In their original form, Zero electric motorcycles offer world-class ride experience. An example is Zero SR/S that generates 110 hp of peak power and 190 Nm of max torque. The electric motor gets its power from a 17.3 kWh battery pack. Range is an impressive 187 miles (301 km) in City conditions. Max top speed and sustained top speed are rated at 124 mph (200 km/h) and 110 mph (177 km/h), respectively.Zero electric motorcycles have batteries with 7.2 kWh to 17.3 kWh capacity. These bikes are priced in the range of $13,000 to $25,000, which is around Rs 10.64 lakh to Rs 20.46 lakh. It remains to be seen what strategies Hero deploys to achieve a lower price point for Indian market. More

New Hero Karizma Launch TeaserIn its resurrected avatar, Hero Karizma will have premium features such as dual-channel ABS and liquid coolingIndia’s largest two-wheeler manufacturer, Hero MotoCorp is looking beyond its stronghold of commuter bikes. The company had recently showcased the reborn Karizma at a dealer event. Teasers are out now and the bike is scheduled to be launched on 29th Aug 2023.This is the era of resurrected bikes, with names like Jawa and Yezdi already gaining decent fan following. Something similar is being planned in case of Karizma. In its heyday, the original 223cc Karizma was a true delight for enthusiasts owing to its peppy performance.New Karizma to return2023 Hero Karizma styling and featuresNew Karizma utilizes a unified, single-layer side fairing that extends all the way to the headlamp. The panels have a chiselled profile and unique design, unlike any other Hero bike currently in production. The side fairing only covers a small section of the engine assembly, keeping much of the machine parts exposed. It makes it easy to get an idea about the bike’s new engine.With youngsters one of the main target audience, new Hero Karizma is expected to get some exciting colour options. There could be monotone as well as dual-tone colour options on offer. The one unveiled at the dealer event had a bright glossy red paint job. An interplay of other colours was noticeable as well such as the white graphics on the fairing and brass-coloured engine casing.[embedded content]Other key highlights of upcoming Hero Karizma include blacked-out alloy wheels, step-up seat design, sculpted fuel tank and stubby upswept exhaust. Foot pegs are slightly rear set, which can allow for a committed riding stance. The handlebar is ergonomically placed for optimal comfort and control. The fuel tank has grooves to ensure a snug fit for the knees. Scooped rider seat design ensures agile handling and effortless cornering at high speeds.2023 Hero Karizma ZMR2023 Hero Karizma performanceNew Karizma is expected to get a 210cc engine. It could deliver around 25 bhp of max power and 25 Nm of peak torque. This closely matches performance numbers of rivals such as Suzuki Gixxer SF 250 and Bajaj Pulsar RS200. It is possible that this new engine will eventually be made available with Xpulse as well. For reference, the original Karizma produced 20 hp.New Karizma will have a liquid-cooled setup, a first for a Hero motorcycle. The engine is expected to get a 6-speed gearbox that will ensure efficient highway cruising as well as fuel savings. New Karizma is expected to get dual-channel ABS. However, as Hero will also be focusing on affordability, Karizma won’t be getting features like USD front forks.Expected features include Bluetooth-based connectivity functions, fully digital instrument console, LED lighting, real-time fuel efficiency indicator and turn-by-turn navigation. New Hero Karizma could be launched in the price range of Rs 1.5 lakh to Rs 1.8 lakh, ex-sh. More

New Hero SplendorHero MotoCorp has posted a YoY de-growth both in terms of domestic sales and exports in June 2023 while YTD sales also ended in the negativeHero MotoCorp, a leader in the two wheeler segment, has ended the month of June 2023 in red. Their sales have fallen sharply both on YoY and MoM basis while YTD sales also ended in the negative.The company has reported total sales (domestic + exports) at 4,36,993 units in June 2023, down 9.87 percent from 4,84,867 units sold in June 2022. This was a 47,874 unit volume de-growth. MoM sales also ended at a 15.88 percent de-growth down from 5,19,474 units sold in May 2023.Hero MotoCorp Sales June 2023In terms of domestic sales, while the company posted positive growth in scooter sales, motorcycle sales dipped 12.34 percent to 4,04,474 units in June 2023. This was a 12.34 percent YoY de-growth from 4,61,421 units sold in June 2022. MoM sales also fell by 17.34 percent from 4,89,336 units sold in May 2023.Motorcycle share fell to 92.56 percent in June 2023 from 94.20 percent held in May 2023. Again taking into account motorcycle YTD sales in FY 2024, it was a 3.34 percent de-growth to 12,62,640 units, down 3.34 percent from 13,06,294 units sold in FY 2023.Hero MotoCorp sales June 2023Scooter sales on the other hand received more positive from buyers in India. Sales grew 38.70 percent YoY to 32,519 units in the past month, up from 23,446 units sold in June 2022. MoM sales improved by 7.90 percent from 30,138 units sold in May 2023 to currently command a 7.44 percent share. Scooter sales on a YTD basis has also seen a 7.19 percent growth to 89,934 units in the FY24 period from 83,899 units sold in the same period last year.Total domestic sales (motorcycles + scooters) thus stood at 4,22,757 units in June 2023, down 8.73 percent compared to 4,63,210 units sold in June 2022. It was also a MoM de-growth of 16.83 percent as against 5,08,309 units sold in May 2023. YTD total domestic sales fell marginally by 0.82 percent to 13,17,250 units in FY24 period from 13,28,166 units sold in the FY23 period thus relating to a 10,916 unit volume de-growth.Exports fell 34.27 percent YoY to 14,236 units in June 2023, down from 21,657 units shipped in June 2023 while there had been 11,165 units exported in May 2023 relating to a 27.51 percent MoM growth. Exports in FY24 fell sharply by 43.05 percent to 35,326 units from 62,027 units sold in FY23New Products in Hero MotoCorp PortfolioThe automaker is now optimistic of its new premium motorcycle being brought out in association with Harley Davidson. The new Harley-Davidson X440 neo retro roadster is being launched in India on July 3, 2023. The company also unveiled the new Xtreme 160R 4V in June and it is offered in three variants of Standard, Connected 2.0 and Pro variant with Upside Down forks. Last month, a new range of 100cc HF Deluxe and Passion+ also marked their entry into the company portfolio. More

Hero SplendorHero MotoCorp posted an 8.97 percent YoY growth in domestic sales with the Splendor commanding a 67.39 percent shareHero MotoCorp continued to lead the two wheeler segment in terms of sales in May 2023. Sales figures improved in domestic markets while exports fell substantially on a YoY basis. There were several factors that brought about this growth in domestic markets. Improved buyer sentiments and a timely and abundant monsoon season are primary reasons for this increase.Total sales (domestic + exports) in the past month stood at 5,19,458 units, up from 4,86,674 units sold in May 2022. Sales in domestic markets improved by 8.97 percent YoY to 5,08,293 units in May 2023, up from 4,66,438 units sold in May 2022. This was a volume growth of 41,855 units. It was also a MoM growth over 3,86,173 units sold in April 2023.Hero MotoCorp Domestic Sales May 2023Hero Splendor continued to command the domestic sales list with a 67.39 percent share. It was the only model other than the Xpulse 200 to record YoY sales growth, while Xoom 110 cc scooter is a recent entrant along with the Vida e-scooter. Sales of the Splendor improved 30.61 percent to 3,42,526 units in May 2023, up from 2,62,249 units sold in May 2022 relating to an 80,277 unit volume growth.YoY de-growth was reported for the Hero HF Deluxe which dipped 14.32 percent to 1,09,100 units in May 2023 from 1,27,330 units sold in May 2022. It currently commands a 21.46 percent share in the company portfolio. Sales of Hero Glamour also fell by 44.03 percent to 15,875 units, down from 28,363 units sold in May 2022. The Hero Xoom 110cc scooter is a relatively new entrant, launched in January 2023. Sales stood at 13,377 units in the past month.Hero MotoCorp sales and exports – May 2023Sales de-growth was also seen for the Hero Pleasure, down 60.99 percent to 7,229 units in May 2023 from 18,531 units sold in May 2022 while sales of Destini 125 dipped by 36.98 percent to 6,864 units in the past month. Hero Xpulse 200 sales improved on a YoY basis by 19.48 percent to 4,159 units as against 3,481 units sold in May 2022. The sales list also included the Passion (3,678 units), Xtreme 160/200 (3,555 units) and Maestro (1,570 units) along with 360 units of the Vida electric scooter.Hero Exports May 2023Exports of Hero MotoCorp dipped 44.83 percent YoY in May 2023. Total exports stood at 11,165 units in the past month, down from 20,236 units sold in May 2022. It was a MoM growth from 9,929 units shipped in April 2023. All models except for Hero Glamour and Maestro posted a YoY de-growth. Glamour exports improved by 32.68 percent to 2,996 units in May 2023, up from 2,258 units shipped in May 2022 to command a 26.83 percent share.Splendor at No. 2 posted a 58.29 percent YoY degrowth to 2,773 units last month from 6,648 units exported in May 2022 while Hero Hunk sales dipped 36.79 percent to 1,739 units from 2,751 units YoY. Exports also fell for the HF Deluxe by 69.78 percent to 1,653 units and for the Xpulse 200 by 48.68 percent to 1,086 units. Maestro sales improved by 22.43 percent to 666 units in May 2023 from 544 units shipped in May 2022 but Passion exports fell by 60 percent to just 180 units from 450 units shipped in the same month of last year. There was also the Hero Destini on the export list with 72 units shipped in the past month.Upcoming / Recent LaunchesThe company has also introduced new models such as Hero Splendor 125cc XTEC and more recently the Passion Pro Plus, both of which have been well received. Earlier this month, Hero MotoCorp also updated its 100cc motorcycle range with the new HF Deluxe Canvas Black Edition. The new Harley X440 Roadster is also opened for booking. This is a part of a joint partnership between Harley Davidson and Hero MotoCorp. More