Hero MotoCorp's Stellar Growth: A Landmark Year in Global Sales & EV Expansion

Hero MotoCorp reported a 7.5% increase in sales in 2024, selling 59,11,065 units. The global business grew by 49%, with eight new models launched. In the EV sector, it sold over 46,662 VIDA V1 e-scooters. CEO Niranjan Gupta anticipates further growth with new product launches in 2025.

Hero MotoCorp, a prominent player in the two-wheeler industry, has announced a 7.5% increase in its total sales for 2024, with numbers reaching 5,911,065 units compared to the previous year's 5,499,524 units.

The company saw a significant 49% rise in global business sales this year and introduced eight new models aimed at region-specific markets.

In the electric vehicle segment, over 46,662 units of the VIDA V1 e-scooters were sold. CEO Niranjan Gupta highlighted the successes across different segments and expressed optimism for 2025, with plans for new launches in EV and premium portfolios.