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Hero MotoCorp to enter European markets in Q2 FY26, says Chairman Pawan Munjal
ET Online | July 14, 2025 7:00 PM CST

Synopsis

Hero MotoCorp is gearing up for a significant global expansion, with plans to enter Germany, France, Spain, and the UK in the second quarter of FY 2025-26. The company is also fostering innovation by mentoring entrepreneurs and investing in electric vehicle ventures like Ather Energy and Euler Motors, aiming to lead India's electric mobility transformation.

Pawan Munjal
Two-wheeler manufacturer Hero MotoCorp is set to expand its global presence by entering Germany, France, Spain and the UK in the second quarter of 2025-26, said Chairman Pawan Munjal.

Munjal, in his address to stakeholders of the company, said Hero MotoCorp is "Investing in the future -- India and beyond". The company is also mentoring next-generation entrepreneurs, offering them R&D access and opening pathways to market.

"A bold global expansion roadmap will see Hero MotoCorp extend its presence into Germany, France, Spain, and the United Kingdom in the second quarter of FY 2025-26, as we carry our vision of mobility without boundaries to new markets," said Munjal.

On he overall international expansion, Munjal said, he said, "In FY 2024-25, we achieved 43 per cent YoY growth in international markets from South Asia to Latin America through a sharp focus on customer experience, quality and scale."

"Our entry into Europe and the UK later this year marks the next phase in our global ambition backed by engineering excellence and innovation," he added.

He further said the company's partnership with Ather Energy, now a publicly listed company, strengthened "India's largest EV charging network and premium electric segment leadership".

"Our partnership with California-based Zero Motorcycles is culminating in an exciting new premium motorcycle," he noted.

On the company's investment of Rs 510 crore in Euler Motors, he said it is "reinforcing our presence in the global-leading electric three-wheeler space".

"Each step reaffirms our belief - the future of mobility in India will be electric, inclusive and innovation-led. Hero MotoCorp is proud to lead this transformation," Munjal noted.


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