Hero MotoCorp Flags Near-Term Margin Pressure amid Higher Input Cost
The company took an average price hike of 2%, but it did not fully offset the rise in input costs.
The company took an average price hike of 2%, but it did not fully offset the rise in input costs.
The automaker will expand its electric vehicle capacity to over 50,000 units per month this year.
The automaker, which expects to outpace market growth, is also expanding the capacity of its ICE scooters as well as E...
New affordable Vida scooter, electric motorcycles and niche formats are set to drive Hero MotoCorp’s broader EV push.
The automaker will target the ₹1–1.25 lakh electric scooter segment with models based on the EL platform.
The company said the prismatic cell line will initiate product trials shortly thereafter.
Dispatches of Alto, S-presso, Celerio and Wagon R jumped around 75% in April.
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The restructuring will separate its powertrain business into a dedicated entity under the company and integrate vehicl...