Hero MotoCorp Shares Surge 3% Following Launch of E20-E85 Compatible Motorcycles

Hero MotoCorp Shares Surge 3 Percent After Launch of Flex-Fuel Motorcycles

Hero MotoCorp shares rose nearly 3 percent on Thursday after the company launched two flex-fuel motorcycles compatible with E20-E85 fuel. The launch of the motorcycles, the Splendor+ Flex Fuel and HF Deluxe Flex Fuel, comes ahead of World Environment Day and marks a significant step towards reducing the environmental footprint of daily travel in India.

The motorcycles were unveiled in New Delhi in the presence of Union Road Transport and Highways Minister Nitin Gadkari and Petroleum and Natural Gas Minister Hardeep Singh Puri. Hero MotoCorp's new flex-fuel motorcycles can run on petrol blended with up to 85 percent ethanol, providing consumers with a practical mobility solution without compromising on performance and affordability.

The company's shares gained up to 3 percent to Rs 4,850.40 per share on the NSE. The HF Deluxe Flex Fuel has been priced at Rs 72,792 (ex-showroom Delhi), while the Splendor+ Flex Fuel is priced at Rs 82,710 (ex-showroom Delhi).

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The flex-fuel portfolio will be introduced in Delhi and select regions of Maharashtra in July 2026, followed by a nationwide rollout. Hero MotoCorp's new range supports India's goal of reducing economic carbon intensity by 45 percent by 2030 by lowering the carbon and environmental footprint of daily travel.

The launch of these flex-fuel motorcycles marks a significant step towards reducing the environmental impact of transportation in India and aligns with the country's goal of reducing economic carbon intensity by 2030.