New Delhi: Two-wheeler major Hero MotoCorp on Thursday reported a 7.5 percent increase in total sales to 59,11,065 units in 2024 as against 54,99,524 units in 2023. The company grew global business sales by 49 percent during that period. CY24 and launched eight new models globally, each designed for a specific region. Consumer preferences, Hero MotoCorp said in a statement.
In the electric vehicle (EV) segment, Hero MotoCorp made significant progress with sales of over 46,662 units of VIDA V1 e-Scooters in 2024, it added.
Stating that 2024 has been a landmark year for Hero MotoCorp, the company’s CEO Niranjan Gupta said, “From our core offerings, the 125cc motorcycle segment and the emerging electric mobility portfolio – growth across multiple segments has driven Hero. has strengthened its position as the preferred brand for millions of consumers across the country.”
About the outlook, he said, “As we look forward to calendar year 2025, we are looking forward to expanding the EV portfolio, strengthening the premium portfolio and launching key products including new scooter models in the ICE segment. Ready for an exciting journey with.
“We believe that improvement in broader customer sentiment could lead to an even stronger demand recovery for us and the industry,” added Gupta.