Exclusive: Hero MotoCorp to Double EV Capacity at Chittoor, Targets Production of 2.8 Lakh Units in FY27

Hero MotoCorp shifts from cautious EV entry to scale-up mode

Hero MotoCorp has had a slow start in the electric vehicle race. It adopted a slow and gradual expansion in the market over the past few years, rather than being aggressive like some of its traditional competitors. But the automaker has now become a major player in the electric two-wheeler market. It became one of the two fastest-growing brands and broke into the top five players list in the financial year 2026.

Sri City EV plant capacity set to double by 2027

As Hero MotoCorp expands its volume and market share, the automaker is preparing for its next leg of growth. Sources tell Autocar Professional that Hero MotoCorp is now planning to double its manufacturing capacity of electric two-wheelers at its Sri City (Chittoor, Andhra Pradesh) plant with plans for multiple new electric two-wheeler models under the Vida brand.

FY27 production target pegged at 2.8 lakh electric two-wheelers

The New Delhi-based automaker plans to increase its electric vehicle capacity at the Sri City plant to 6.6 lakh units from 3.3 lakh units by 2027. According to sources, the company is targeting to manufacture 2.8 lakh electric two-wheeler units in the financial year 2027, double from 1.48 lakh units manufactured in the financial year 2026. EVs are positioned as one of the five future growth pillars of Hero MotoCorp.

Registrations triple, market share crosses 10% in FY26

Hero MotoCorp has sharply scaled up its presence in the electric two-wheeler market over the past year. Registrations nearly tripled to about 1.44 lakh units in the financial year, helping the company lift its market share to 10.3% from 4.2%. The jump has pushed Hero into the top five electric two-wheeler makers in India, marking a clear shift in its EV push after a relatively measured start.

Broader product portfolio to drive next phase of volume growth

This growth is now being aligned with a broader product plan. The company is preparing a wider range of electric offerings to expand its reach across segments, with a sharper focus on improving volumes. Hero’s EV journey has been built around its Vida line-up. The Vida V1 range, positioned in the premium electric scooter segment, has helped the company gain an early presence in urban markets. Features such as removable batteries and a gradually expanding charging network have supported this entry. 

Affordable VX2 and BaaS model mark Hero’s mass-market pivot

Even so, volumes have remained lower than mass-market leaders, prompting a shift towards more affordable products. Earlier last year, Hero MotoCorp also introduced its second electric scooter model – the VX2 – with removable batteries and introduced a Battery-as-a-Service model to reduce the initial cost of the vehicle. The starting price of the models is at Rs 44,990 (ex-showroom) under a BaaS subscription model. Without the BaaS plan, the VX2 Go is priced at Rs 77,590 and the VX2 Plus at Rs 98,970.

Sub-Rs 1 lakh fixed-battery Vida scooter due in August

The company now plans a new Vida scooter based on a fixed-battery platform, expected to be launched around August 2026. The model is likely to come with a 3.8 kWh battery pack and be priced below Rs 1 lakh, making it more accessible to a wider set of buyers. This launch is expected to play an important role in driving volumes.

Electric motorcycle expansion planned with two launches in 2027

Beyond scooters, Hero is also preparing to enter the electric motorcycle space. Two models are planned for 2027, signalling an expansion into segments where EV adoption is still limited. Among these, the Lynx electric trial bike is aimed at a niche audience, with a larger battery pack and relatively low volumes.

Lynx and Ubex to target niche and mainstream motorcycle buyers

In contrast, the Vida Ubex is being developed as a more mainstream product, with multiple battery options and higher expected volumes, indicating a balanced approach between niche and mass segments.

Electric Splendor development remains a longer-term challenge

At the same time, electrification of Hero’s largest commuter brand remains gradual. Work on an electric version of the Splendor is progressing slowly, reflecting the challenges of adapting a high-volume, price-sensitive product to electric power.

Capacity expansion aligned to Hero’s widening EV pipeline

The expansion of manufacturing capacity will support Hero MotoCorp’s upcoming products. An email sent to Hero MotoCorp seeking a comment on its EV plans did not receive a response.

Hero bets on affordable products and scale amid rising competition

With competition rising from traditional ICE players including TVS Motor and Bajaj as well as new age OEMs like Ather Energy, Hero’s strategy combines a wider product range with affordable models and steady capacity expansion as it works to strengthen its position in the electric two-wheeler market.