| Hero
MotoCorp Ltd, the world s largest two-wheeler maker, today unveiled hybrid
concept scooter Leap at the Auto Expo, and expects a double-digit sales
growth during the next financial year. The company, which is enhancing
its research and development (R&D) capabilities, is currently developing
this hybrid technology to bring environment-friendly two-wheelers in the
country. The Leap was unveiled here by Hero MotoCorp Managing Director
and Chief Executive Officer Pawan Munjal. It is indeed a leap into the
future in terms of our ability to bring technologically superior products
in keeping with global standards, Mr Munjal said. Though the product is
currently at a concept stage, he said the company intends to take it forward
to be able to produce it commercially in the near future. The Leap runs
on petrol and also on battery. Mr Munjal said the company has applied
for three international technology patents and nine international design
registrations. Asked about the sales performance in the next financial
year, Mr Munjal said, We are very bullish for the company and I believe
we will continue to grow in double digits. On Wednesday, Hero MotoCorp
launched three new models--the 110cc passion X Pro, the 110cc scooter
Maestro and the 125 cc bike Ignitor. |
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