Indian motorcycle brand Hero MotoCorp to enter Philippine market
MANILA: Hero MotoCorp, the largest producer of motorbikes and scooters in the world, is preparing to launch its operations in the Philippines as part of its aggressive worldwide growth plans.
KEY TAKEAWAYS
Who is HeroMoto Corp?
In terms of the quantity of bikes and scooters sold by a single firm in a year, Hero MotoCorp — with its headquarters in New Delhi, India — has held the title of largest motorcycle and scooter manufacturer in the world for the previous 21 years.What are some of the notable products of HeroMoto Corp?
Ushering in an era of sustainability and clean mobility, Vida V1 – powered by Hero – the new age fully- integrated EV is designed and developed at Hero’s state-of-the-art R&D hubs.In order to deliver Hero MotoCorp's hugely successful motorcycles to the nation, Terrafirma Motors Corporation (TMC), a member of the Columbian Group of Companies and one of the most reputable and experienced automotive groups, has partnered with Hero MotoCorp.
In terms of the quantity of bikes and scooters sold by a single firm in a year, Hero MotoCorp — with its headquarters in New Delhi, India — has held the title of largest motorcycle and scooter manufacturer in the world for the previous 21 years.
Since its founding, the company has sold more than 100 million motorbikes and scooters worldwide. It now sells its goods in more than 43 nations throughout Asia, Africa, the Middle East, and South and Central America.
Hero MotoCorp has eight state-of-the-art manufacturing facilities, including six in India, and one each in Colombia and Bangladesh.
Earlier this month, Hero MotoCorp launched its first electric vehicle (EV), the Vida V1 in India. Ushering in an era of sustainability and clean mobility, Vida V1 – powered by Hero – the new age fully- integrated EV is designed and developed at Hero’s state-of-the-art R&D hubs, the Centre of Innovation and Technology (CIT) in the northern Indian city of Jaipur and the Hero Tech Centre Germany (TCG) near Munich.
The development and production of the Vida V1 follows an all-encompassing approach to sustainability involving compliance with strict environmental and social standards in the extraction of raw materials. The use of electricity from renewable sources and a high proportion of recycled materials is also added in the mix.
Vida, powered by Hero, offers a comprehensive charging package for maximum flexibility based on numerous customized programs for hassle-free charging at home, on the road and at work. Vida V1 has been designed and tested for withstanding dusty environments, potholes and uneven roads, heavy rains, water logged roads and high temperatures.
Sanjay Bhan, Head of Global Business, Hero MotoCorp, expressed optimism on the brand’s entry to the Philippine market.
“In keeping with our R4 (Recalibrate, Revitalise, Revolutionise and Revive) strategy, we are always keenly exploring new opportunities in global markets. Our partnership with Terrafirma Motors Corporation (TMC) to enter the Southeast Asian region is an integral part of this expansion strategy.
The trust and technology prowess of Hero MotoCorp combined with TMC's automotive expertise and network in the Philippines will definitely create an impact and strengthen our footprint in this key market.”
Bienvenido Sanvictores Santos, Chairman, Terrafirma Motors Corporation, said: “Hero MotoCorp, the world's largest two-wheeler manufacturer, has been the most trusted brand partner for more than 100 million customers all over the world. Terrafirma Motors Corporation (TMC) is a customer-centric automotive company with the vision to be the ultimate choice for value-based products and services in the Philippines.
This is a coming together of two visionary companies and the new partnership will lead us to new horizons by enabling us to deliver modern, technologically superior and eco-friendly mobility solutions to our customers here.”
Photos from Hero, Vida
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