New Delhi, February 1, 2025
Hero MotoCorp Ltd. (NSE: HEROMOTOCO, BSE: 500182), the world’s largest two-wheeler manufacturer, reported robust sales figures for January 2025, with 442,873 units dispatched during the month. The company recorded a remarkable 141% year-on-year (YoY) increase in global markets and a 214% surge in electric vehicle (EV) salesunder its VIDA brand.Key Financial Highlights
Particulars | JAN-25 | JAN-24 | YTD FY’25 | YTD FY’24 |
---|---|---|---|---|
Motorcycles | 400,293 | 402,056 | 4,617,542 | 4,297,019 |
Scooters | 42,580 | 31,542 | 343,973 | 365,611 |
Total Sales | 442,873 | 433,598 | 4,961,515 | 4,662,630 |
Domestic Sales | 412,378 | 420,934 | 4,744,376 | 4,516,018 |
Exports | 30,495 | 12,664 | 217,139 | 146,612 |
EV Segment Growth & New Product Launches
The company’s electric vehicle (EV) brand, VIDA, recorded 214% YoY growth, with 6,669 units of its newly launched VIDA V2 electric scooter dispatched. The scooter, priced at ₹96,000, has strengthened Hero's position in the EV segment.Additionally, Hero MotoCorp expanded its premium motorcycle lineup with the launch of:
- Xtreme 250R
- Xpulse 210
- Destini 125
- Xoom 125
- Xoom 160 (a maxi-scooter)