03 Jun 2026
Hero MotoCorp dispatched 570,068 units in May 2026, up 12.28% year-on-year over 507,701 units in May 2025.
Scooter volumes more than doubled to 66,305 units, up 103.78% YoY, with scooter share rising to 11.63% of total sales. Exports surged 77.95% YoY to 33,284 units.
26 May 2026
Hero MotoCorp is targeting double-digit volume growth in FY27, with e-scooters identified as the primary growth driver.
India's premium EV two-wheeler market is growing fast. Hero's shift in emphasis signals a competitive response to Ola Electric, TVS and Bajaj Chetak gaining ground in the segment.

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.