Hero MotoCorp needs to recover market share in 125cc bike segment: CFO

Hero MotoCorp on Wednesday said that the firm needs to recover its market share in the 125-cc engine motorcycle segment as it sees an opportunity in building a premium portfolio. Hero MotoCorp’s sales in the 111cc-126 cc motorcycle segment increased by 5.65 per cent year-on-year to 452,274 units in April-December of FY23, according to data … Read more

After Ather, Hero now invests into it’s other strategic partner in the EV space

Days after announcing another round of investment into Ather, Hero now commits to ongoing funding round of Gogoro – it’s Taiwanese strategic partner in the Electric Vehicles (EV) space. Key points to note – Hero had announced strategic partnership with Gogoro in April 2021. Founded in 2011, Gogoro is into Electric Smartscooters and swappable battery … Read more

Hero invests further Rs 420 crore into Ather Energy

Hero already owns 34.8% of Ather Energy. The current investment of Rs 420 crore i.e, approx $56 mn by Hero is part of the ongoing bigger funding round. Actual stake to Hero in lieu of this amount would become clear once the round closes (expected by 30th April 2022). Key points to note – Ather … Read more

Electric Vehicles – need a jump start !

Government goes slow on procurement of electric vehicles, limits sourcing —- When I saw this news today, it suddenly reminded me of the numerous arguments that I had on the subject of electric vehicles (EV) with some of my closest friends over the last one year. Thought of putting up a quick post so that … Read more