Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has announced its financial results for FY2025.

The company reported revenue of INR 407 billion and net profit of INR 46 billion, its highest-ever in FY2025. The EBITDA margin came at 14.4 percent, on the back of favourable product mix, improved cost efficiencies and commodity costs. The company sold a total of 5.89 million two-wheelers in the last fiscal.

For Q4 FY2025, the revenue from operations came at IRN 99 billion, up 4 percent, while net profit came at INR 10 billion, up 6 percent YoY. The company sold 1.38 million two-wheelers during the quarter.

Vikram S Kasbekar, Executive Director & Acting Chief Executive Officer, Hero MotoCorp, said, “We achieved highest‐ever revenue and profit in the year, reinforcing our position as the market leader for the 24th consecutive year, closing both CY24 and FY25 at the top.  Our success during the year was underpinned by robust growth across the premium, scooter and EV segments, fuelled by several new product launches. Export volumes outpaced industry trends, and we further expanded our premium retail footprint across India while entering new global markets. We are observing strong retail traction, especially in our new premium and scooter offerings. Continued consolidation in the core segment, growth in the 125cc category, and the upcoming EV launch position us well for sustained momentum.”

Vivek Anand, Chief Financial Officer, Hero MotoCorp, said, “Hero MotoCorp delivered strong financial performance during the year, driven by disciplined fiscal management and focused strategic execution. Looking ahead, we remain optimistic about the near‐to‐mid‐term outlook, key macroeconomic indicators, including revised income tax slabs, repo rate cuts, a strengthening rural economy and a favourable monsoon forecast, are expected to support industry growth.”

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India Yamaha Motor (IYM), a leading two-wheeler manufacturer, has announced the price of its first electric scooter – the EC-06 – at INR 167,600 (ex-showroom Delhi). The e-scooter based on the River Indie will initially be sold in select cities through the company's Blue Square showrooms in a Bluish White colour.

The EC-06 features a 4kWh fixed battery paired with an Interior Permanent Magnet Synchronous Motor (IPMSM). It offers a certified claimed range of 169km on a single charge. It has a claimed top speed of 79 kmph, 6.7 kW of peak power, 26 Nm of torque and can be charged in 8 hours using a standard plug. It comes with 3 years or 30,000 km warranty for the battery.

The vehicle is built with IP67-certified protection for the motor and battery, while other electronics carry an IP65 rating for water and dust resistance.

The scooter includes three riding modes – Eco, Standard and Power – alongside a Reverse Mode. The chassis uses telescopic front forks with hydraulic dampers and a rear coil spring suspension. Braking is handled by 200mm discs at both ends, supported by a Combi Brake System (CBS).

For storage and technology, the EC-06 provides 24.5 litres of under-seat space and a colour LCD display. It integrates with the ‘Yamaha Motor Connect R’ app for real-time data access.

Hajime Aota, Chairman, Yamaha Motor India Group, said, “The EC-06 marks an important step in Yamaha’s journey toward sustainable urban mobility. As India accelerates its transition toward a carbon-neutral future under the government’s visionary leadership, Yamaha is proud to support this national agenda through high-quality electric innovation. Designed for everyday commuting, it balances efficiency with performance, offering an impressive range and intuitive features. As a first-of-its-kind model from Yamaha, it demonstrates how sustainability and riding excitement can coexist – true to our brand philosophy and our responsibility towards the future of India’s green economy.”

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Vietnamese automotive company VinFast has unveiled a global business strategy for its electric scooter division, identifying the Philippines, Indonesia, India, Thailand and Malaysia as its initial markets. The expansion follows the company’s performance in Vietnam, where it delivered 406,453 units in 2025 to secure the largest share of the domestic scooter market.

The company plans to introduce a portfolio of models including the VinFast Flazz, Evo, Feliz II and Viper e-scooters, which will come with battery-swapping technology.

VinFast has completed a master plan for three product lines categorised as mainstream, premium and sport. To support these products, the company is collaborating with V-Green to establish charging and battery-swapping infrastructure.

The Philippines will become the first market in this phase, where VinFast has partnered with five dealers: Maverick Racing Factory Inc., MotorCentral, New Nemar Development Corp., Supremebike Corporation and ARC Trading. Globally, the company targets the establishment of hundreds of retail outlets by 2027. The commercial model integrates dealer networks, workshops and financial solutions.

The strategy focuses on regions with high urban mobility demand and shifts toward sustainable transport. VinFast intends to use its manufacturing capabilities and a pricing strategy to compete in the regional scooter segment.

Vo Thi Cam Tu, Managing Director, VinFast E-Scooters Overseas Market, said, "Expanding our e-scooter business globally represents a strategic pillar in VinFast's long-term development roadmap. We have conducted in-depth market research, worked closely with local partners, and developed comprehensive plans for dealer network expansion, product portfolios, and service ecosystems. Through collaboration with reputable dealers and strategic partners worldwide, VinFast is committed to delivering smart, sustainable, and accessible electrified mobility solutions, contributing meaningfully to the green transformation of transportation in diverse markets."

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In a significant step to elevate service standards across its network, Classic Legends has inaugurated an advanced National Training Centre at its Pithampur facility in Indore. This centre represents a substantial investment in cultivating future-ready talent through superior training infrastructure. Its core purpose is to enhance the technical competency of dealership technicians and service professionals, thereby standardising repair practices and ensuring consistent aftersales excellence.

The facility is equipped with cutting-edge resources, including a modern showroom, smart classrooms and specialised laboratories for engine, electrical and advanced troubleshooting work. Supported by latest diagnostic tools, it offers a structured learning pathway from foundational to advanced skill levels. The training emphasises hands-on, skill-oriented education in real-world diagnostics and precision repair, fostering deep root cause analysis capabilities.

Ultimately, this initiative strengthens the company's entire service ecosystem. It is designed to nurture highly skilled professionals and robustly support advanced training programmes. This investment ensures Classic Legends' expanding community of riders receives reliable, high-quality support, reinforcing a superior ownership experience for all its motorcycle enthusiasts.

Anupam Thareja, Co-Founder, Classic Legends, said, “As our brands continue to grow, strengthening our service capability ecosystem becomes extremely important. The Advanced National Training Centre is a strategic investment in people, skills and infrastructure, aimed at building future-ready technicians and standardising service excellence across our network. This centre will play an important role in ensuring every JAWA, YEZDI and BSA rider enjoys a consistent and high-quality ownership experience.”

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Vespa has expanded its Lunar Collection with two new releases that embody elegance and symbolic meaning for the Year of the Horse: the limited-edition Vespa 946 Horse scooter and the IN SELLA fashion capsule, the third drop of the AL VENTO collection. The scooter is a tribute to the horse's regal and resilient spirit, while the apparel line offers a contemporary sartorial interpretation of the same theme, both crafted with meticulous Italian artistry.

The Vespa 946 Horse distinguishes itself through a deep bay colour, mirroring the glossy coat of a horse. Its steel body is reimagined with contrasting matte and gloss finishes, accented by refined golden details such as the V monogram set within a horseshoe beneath the saddle. Exemplifying Italian craftsmanship, the model features a hand-stitched leather saddle inspired by equestrian tack, with matching premium leather trims on the handlebars and mirrors. A coordinated set of accessories includes a practical leather rear bag and a jet helmet adorned with a three-dimensional gold V, reinforcing the edition’s strong identity.

Parallel to the scooter, the IN SELLA fashion collection is designed for those who view style as an authentic personal expression. It introduces a new Royal crest, a contemporary graphic featuring a symmetrically mirrored horse and dachshund, inspired by Vespa’s archives. This emblem is showcased on a wool varsity jacket enhanced with gold embroidery. The line utilises a timeless navy blue palette, with knitwear incorporating the V monogram and stitching details reminiscent of saddlery. The offering includes modern sweatshirts, T-shirts and an ironic poplin shirt depicting a man in a Vespa helmet and a horse enjoying espresso together. Completing the lifestyle range is the Vespa Royal blanket, crafted in soft wool with a jacquard logo and contrasting red fringes.

The Vespa 946 Horse is now available for pre-order on the company website and at the VESPA THE EMPTY SPACE store in Milan, where it is exclusively displayed. The IN SELLA collection launches simultaneously for purchase online and at the Milan store, where the matching Horse helmet will also be available for preview ahead of its limited release on 10 February.

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