TL;DR
Hero MotoCorp announced a ₹1,500 crore investment for a new EV manufacturing plant in Andhra Pradesh, boosting its electric vehicle production capacity for the Vida brand.
Hero MotoCorp, India's largest two-wheeler manufacturer, announced a substantial investment of ₹1,500 crore to establish a new state-of-the-art manufacturing facility dedicated to electric vehicles. This strategic move, disclosed yesterday, underscores the company's aggressive pivot towards electrification and its commitment to leading the electric mobility revolution in India. The new plant, to be located in Andhra Pradesh, is expected to generate thousands of direct and indirect employment opportunities and significantly boost Hero MotoCorp's production capacity for its expanding Vida electric sub-brand. The facility will integrate advanced robotics and automation, focusing on sustainable manufacturing practices. Production is slated to begin in late 2027, initially producing electric scooters and later expanding to electric motorcycles.