Please find enclosed herewith a copy of the Press Release being issued by the Company.
HEROMOTOCO · price
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Hero MotoCorp unveiled its future mobility roadmap at EICMA 2025 in Milan, launching the VIDA Novus electric lineup (NEX 1, NEX 2, NEX 3) under its EV brand VIDA, along with the European launch of the VIDA VX2 e-scooter offering 125 km range and 90 km/h top speed. It also revealed two electric motorcycle concepts — VIDA Concept Ubex and VIDA Project VxZ (developed with Zero Motorcycles USA) — and a new VIDA DIRT.E off-road electric series, including a kids' bike (DIRT.E K3) that won a Red Dot Design Concept Award 2025. On the ICE side, Hero launched the Hunk 440 SX scrambler and the rally-inspired Xpulse 210 Dakar Edition (210cc liquid-cooled engine), both Euro5+ compliant for global markets. The company highlighted its scale — world's largest two-wheeler maker for 24 years, ~$5 billion revenue, presence in 52 countries, and over 125 million customers served.
Positive for investor sentiment: demonstrates a strong product pipeline across both EV and ICE, accelerated global expansion into Europe, and deepening partnerships (Zero Motorcycles, Ather, Euler). Showcases the company's transition strategy, though near-term revenue impact depends on commercial launch timelines for the showcased concepts.