Hero MotoCorp’s shares increased by about 3% on Thursday following the company’s announcement of two new flex-fuel motorcycles that can run on gasoline mixed with up to 85% ethanol.
In front of Nitin Gadkari and Hardeep Singh Puri, the motorcycles were unveiled in New Delhi ahead of World Environment Day.
Hero MotoCorp launched the Splendor+ Flex Fuel and HF Deluxe Flex Fuel models in an effort to provide more environmentally friendly and sustainable mobility options.
The company’s shares increased by up to 3% to Rs 4,850.40 on the NSE after the announcement.
The business claims that the Splendor+ Flex Fuel costs Rs 82,710 in Delhi, while the HF Deluxe Flex Fuel is priced at Rs 72,792 (ex-showroom Delhi).
The government’s initiatives to promote the use of ethanol and lessen reliance on imported fossil fuels are supported by the motorcycles’ ability to run on gasoline blends ranging from E20 to E85.
According to Hero MotoCorp, the flex-fuel lineup would launch in Delhi and a few areas of Maharashtra starting in July 2026, followed by a phased nationwide rollout.
The new versions, according to the business, are a practical and reasonably priced mobility solution that improves the environment without sacrificing performance.
The launch, according to Hero MotoCorp, is in line with India’s larger sustainability objectives, which include lowering the country’s carbon intensity by 45% by 2030.
The launch of flex-fuel motorcycles coincides with India’s acceleration of its ethanol blending program and its encouragement of automakers to create vehicles that can run on greater ethanol mixes as part of the nation’s energy transition plan.
| Category | Details |
|---|---|
| Company | Hero MotoCorp |
| Stock Movement | Shares gained approximately 3% following the announcement of new flex-fuel motorcycles. |
| Share Price | Rose to ₹4,850.40 on the NSE. |
| New Models Launched | Splendor+ Flex Fuel and HF Deluxe Flex Fuel. |
| Fuel Compatibility | Both motorcycles can run on gasoline blended with 20% to 85% ethanol (E20–E85). |
| Launch Event | Unveiled in New Delhi ahead of World Environment Day. |
| Dignitaries Present | Nitin Gadkari and Hardeep Singh Puri. |
| Splendor+ Flex Fuel Price | ₹82,710 (Ex-showroom Delhi). |
| HF Deluxe Flex Fuel Price | ₹72,792 (Ex-showroom Delhi). |
| Market Rollout | Launching in Delhi and selected regions of Maharashtra from July 2026. |
| Nationwide Availability | Planned through a phased rollout across India. |
| Key Objective | Promote cleaner, sustainable mobility and reduce dependence on conventional fossil fuels. |
| Government Alignment | Supports India’s ethanol-blending program and efforts to reduce crude oil imports. |
| Environmental Benefit | Helps lower vehicle emissions and contributes to sustainability goals. |
| National Climate Goal | Supports India’s target of reducing carbon intensity by 45% by 2030. |
| Industry Significance | Marks a major step in India’s transition toward alternative fuels and greener transportation. |
| Consumer Benefit | Offers an affordable and practical mobility solution without compromising performance. |
| Broader Context | The launch comes as India accelerates the adoption of higher ethanol blends under its energy transition strategy. |
