Hero MotoCorp

Sports Sponsorship Market to grow by USD 22.64 billion growth from 2022 to 2027, The emergence of new sports leagues boosts the market - Technavio

Retrieved on: 
Monday, October 2, 2023

The potential growth difference for the sports sponsorship market between 2022 and 2027 is USD 22.64 billion.

Key Points: 
  • The potential growth difference for the sports sponsorship market between 2022 and 2027 is USD 22.64 billion.
  • The emergence of new sports leagues drives the market growth during the forecast period.
  • As a result, such initiatives are fuelling the sponsors to invest more in these events which is positively impacting the market.
  • Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more.

Hero MotoCorp and Zero Motorcycles Agree to Collaborate on New Premium Electric Vehicles

Retrieved on: 
Monday, March 6, 2023

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, and Zero Motorcycles, the California (USA)-based manufacturer of premium electric motorcycles and powertrains, have signed agreements to collaborate on premium Electric Motorcycles.

Key Points: 
  • Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, and Zero Motorcycles, the California (USA)-based manufacturer of premium electric motorcycles and powertrains, have signed agreements to collaborate on premium Electric Motorcycles.
  • The collaboration combines the expertise of Zero in developing power trains and electric motorcycles with the scale of manufacturing, sourcing and marketing of Hero MotoCorp.
  • In September 2022, the Board of Hero MotoCorp approved an equity investment of up to US$60 million in Zero Motorcycles.
  • Zero Motorcycles is the global leader in electric motorcycles and powertrains.

Global Electric Two-wheeler Start-ups in Asia 2023: Evaluation of 11 Start-ups that have Made a Mark in Asia

Retrieved on: 
Friday, February 24, 2023

DUBLIN, Feb. 24, 2023 /PRNewswire/ -- The "Global Electric Two-wheeler Start-ups in Asia, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 24, 2023 /PRNewswire/ -- The "Global Electric Two-wheeler Start-ups in Asia, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Increasing levels of carbon emissions have created an urgent need for control measures including vehicle electrification.
  • Two-wheelers are a commonly used mode of transport in Asia considering their maneuverability through traffic and cost efficiency in terms of maintenance.
  • As the electric two-wheeler industry evolves, joint ventures and partnerships will create lucrative growth opportunities.

 ‘Make Way’ for the New Era of Mobility

Retrieved on: 
Wednesday, October 12, 2022

The launch of VIDA V1, powered by Hero, heralds a new chapter in sustainable mobility.

Key Points: 
  • The launch of VIDA V1, powered by Hero, heralds a new chapter in sustainable mobility.
  • The VIDA V1 will play a crucial role by reducing tail-pipe emissions, promoting eco-friendly behavior and leading to a conscious shift in overall consumption patterns.
  • With our tagline Make Way, VIDA V1 is paving the path to a greener & cleaner planet.
  • The VIDA V1 Pro offers a range of 165 kms and VIDA V1 PLUS offers a range of 143 kms.

Hero MotoCorp Selects Accenture for Supply Chain Transformation

Retrieved on: 
Wednesday, July 27, 2022

(Image 1) (Photo: Business Wire)

Key Points: 
  • (Image 1) (Photo: Business Wire)
    The program will include supply chain strategy, planning optimization, logistics cost optimization and development of an end-to-end digital supply chain suite, thereby enabling Hero MotoCorp to manage the increasing complexity in products, markets, and supply chain networks, while driving cost reduction in an inflationary environment.
  • Ram Kuppuswamy, chief procurement & supply chain officer, Hero MotoCorp, said, As we expand our global footprint and foray into electric vehicles, navigating the complex global supply chain network will be crucial in driving our future growth.
  • Accenture will use its zero-based supply chain (ZBSC) approach to facilitate Hero MotoCorps cost optimization efforts across its supply chain.
  • Our program will provide Hero MotoCorp with improved visibility across its supply chain, enabling the company to better meet its customer requirements and quickly respond to ongoing disruption while significantly optimizing supply chain costs."

Hero MotoCorp Strengthens Operations in Turkiye

Retrieved on: 
Tuesday, June 21, 2022

Hero MotoCorp, the worlds largest manufacturer of motorcycles and scooters, has further strengthened its commitment and operations in Turkiye with the introduction of Euro-5 compliant variants of its three globally popular products.

Key Points: 
  • Hero MotoCorp, the worlds largest manufacturer of motorcycles and scooters, has further strengthened its commitment and operations in Turkiye with the introduction of Euro-5 compliant variants of its three globally popular products.
  • Speaking during the event, Sanjay Bhan, Head Global Business, Hero MotoCorp said, As a global personal mobility leader, Hero MotoCorp remains committed to empowering people by providing accessible mobility solutions.
  • The range of Hero MotoCorp products in Turkiye include the globally popular Xpulse 200 4V motorcycle and Dash 110, Dash 125 scooters.
  • Hero MotoCorp has been operating in Turkiye since 2014 and caters to its customers through a network of over 100 touchpoints, which provide sales, service and spares.

Sports Sponsorship Market - 34% of Growth to Originate from APAC |Evolving Opportunities with Adidas AG & Hero MotoCorp Ltd. | Technavio

Retrieved on: 
Tuesday, April 26, 2022

Market growth in this region will be fasterthan the growth of the market in other regions.The emergence of new sporting events coupled with the increasing sports sponsorship spendingwill facilitate thesports sponsorship market growth in APAC over the forecast period.

Key Points: 
  • Market growth in this region will be fasterthan the growth of the market in other regions.The emergence of new sporting events coupled with the increasing sports sponsorship spendingwill facilitate thesports sponsorship market growth in APAC over the forecast period.
  • The Sports Sponsorship Marketis fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market.
  • Hero MotoCorp Ltd. - The company offers sponsorship to various sporting events such as hockey, golf, and cricket.
  • Download Sample Report
    The key factor driving growth in the sports sponsorship market is the increasing sports sponsorship spending.The global sports sponsorship market is witnessing steady growth in terms of sponsorship spending.

Global Two-Wheeler Engine Markets Report 2022-2026 - Growth of Multinational Two-wheeler OEMs in Emerging Countries - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 5, 2022

The two-wheeler engine market is poised to grow by 22.24 mn units during 2022-2026, decelerating at a CAGR of 6.34%.

Key Points: 
  • The two-wheeler engine market is poised to grow by 22.24 mn units during 2022-2026, decelerating at a CAGR of 6.34%.
  • This study identifies the increasing electronic content in two-wheelers as one of the prime reasons driving the two-wheeler engine market growth during the next few years.
  • The market is driven by rise in levels of road congestion due to rapid urbanization and the growth of multinational two-wheeler OEMs in emerging countries.
  • This report on the two-wheeler engine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

Dr. Pawan Munjal Announces to the World New Brand ‘Vida’ for Electric Mobility

Retrieved on: 
Friday, March 4, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220304005159/en/
    Dr Pawan Munjal, Chairman & CEO, Hero MotoCorp at the unveiling of the new brand logo and the sunrise visual identity of Vida, a world new brand for electric mobility.
  • Unveiling the new brand logo and the sunrise visual identity of Vida, Powered by Hero Dr. Pawan Munjal said, Vida means life, and the brands sole purpose is to create a positive impact on the world and move us all forward in meaningful ways.
  • In only 17 weeks from today we will unveil our Vida platform, products and services to make the world a better place.
  • As a central pillar of the future-ready strategy, Dr. Munjal unveiled the new brand to lead the mobility transformation across the world.

Hero MotoSports Team Rally Bolsters Line-up With Another Top International Rider

Retrieved on: 
Thursday, February 3, 2022

Close on the heels of its record-setting stage victory at the Dakar 2022 Hero MotoSports Team Rally, the motorsport team of the worlds largest manufacturer of motorcycles and scooters Hero MotoCorp has further strengthened its rider line-up by bringing onboard leading international rider, Ross Branch.

Key Points: 
  • Close on the heels of its record-setting stage victory at the Dakar 2022 Hero MotoSports Team Rally, the motorsport team of the worlds largest manufacturer of motorcycles and scooters Hero MotoCorp has further strengthened its rider line-up by bringing onboard leading international rider, Ross Branch.
  • With its consistent success in the global motorsports rally arena, the Hero MotoSports Team Rally has emerged as a much sought after team for leading riders.
  • Wolfgang Waffi Fischer, Team Manager, Hero MotoSports Team Rally said, We are excited to make a strong addition to our team, right after our historic stage win at the Dakar Rally.
  • Ross Branch, Rider, Hero MotoSports Team Rally said, I am thrilled and extremely honoured to be joining a team thats making the headlines for all the right reasons.