Hero MotoCorp to invest ₹1,500 crore in EV expansion by FY27

Hero MotoCorp to invest ₹1,500 crore in FY27 as EV arm Vida logs 190% growth, scooter capacity expansion accelerates. Vida’s sales surged by 190%, driving plans for expanded production. The capex aims to scale electric scooter capacity and meet rising demand. The move signals long-term EV commitment amid competitive pressures.

📊 STOCKS: HEROMOTOCO | 🏢 SECTOR: Auto | #MEDIUMIMPACT #EV