HMC HIVE Secures €2 Billion in Global Supply Contracts for E-Bikes and Bicycles

Greaves Electric Mobility


A Milestone Achievement in Sustainable Mobility

HMC HIVE – A Hero Motors Company – is proud to announce the successful acquisition of over €2 billion in multi-year global supply contracts for e-bikes and bicycles. These contracts span across key international markets, including the United States, Europe, and Japan, marking a pivotal moment in our journey toward cleaner, smarter, and high-performance mobility.

This major breakthrough strengthens HMC HIVE’s position as a global mobility solutions provider, reflecting our consistent investment in innovation, quality, and sustainable technology.


A Synergy That Drives Global Success

This success is powered by the strategic synergy between Hero Cycles Ltd and Hero Motors Ltd, two arms of the Hero Motors Company. By bringing together deep expertise in cycle manufacturing, advanced engineering, and electronics integration, HMC HIVE has created a world-class supply platform that delivers exceptional value to partners around the world.


An End-to-End Capability Like No Other

What sets HMC HIVE apart is our vertically integrated and globally distributed model that ensures complete control over the product journey—from ideation to delivery:

  • Design Excellence in Germany: Our German design studio leads the development of cutting-edge bike designs that meet both aesthetic and functional demands.
  • Electronics & Software Integration: We deliver smart connectivity and embedded systems for modern e-bikes, tailored to regional compliance and user preferences.
  • Motor Development with Yamaha: A collaborative effort with Yamaha powers our high-efficiency drive systems, ensuring peak performance and long-lasting durability.
  • Program Management from the UK: Our UK-based teams provide global program oversight, ensuring timelines, quality, and partner requirements are consistently met.
  • Robust Manufacturing in India & Beyond: With state-of-the-art facilities and supply networks, we offer unparalleled scalability and quality control.

Powering the Next Generation of E-Mobility

As the global demand for eco-friendly urban transport continues to rise, HMC HIVE is proud to be part of the solution. These new contracts will support the development and supply of a new generation of e-bikes and bicycles that are not only high-performance but also built with sustainability in mind.

From reducing urban congestion to cutting emissions and offering healthier transportation alternatives, our solutions are driving real impact worldwide.


Commitment to CleanTech and Sustainability

Every bike we produce is a step toward a greener planet. With this new wave of contracts, we are committed to scaling clean technologies and pushing the boundaries of what’s possible in e-mobility.

This achievement also underscores our role as a responsible global manufacturer, delivering excellence while reducing our carbon footprint.


Looking Ahead: Innovation Without Borders

HMC HIVE is on a clear path to becoming a global powerhouse in two-wheeler mobility solutions. These new partnerships are not only a commercial win but a validation of our global vision, technical depth, and commitment to continuous innovation.

We thank our partners, customers, and team members across continents who made this milestone possible. The road ahead is electric – and we’re just getting started.

ELECTRIFYING INDIA’S LAST MILE