Hero MotoCorp to collaborate with US-based Zero Motorcycles on eBikes
Hero MotoCorp has entered into a new joint venture with Zero Motorcycles of California, USA. They have entered into a final agreement to jointly manufacture electric motorcycles. Currently, due to the increasing demand for electric motorcycles, almost every company is manufacturing and marketing electric motorcycles. However, this is the first time Hero has announced the production of electric motorcycles.
However, it is not known exactly when this bike will come to the market. It is believed that this electric motorcycle will be launched very soon.
Hero MotoCorp CEO (Chief Executive Officer) said, “Their partnership with Zero Motorcycles will usher in an era of dynamic and sustainable technology. He added that Hero MotoCorp is looking forward to accelerating electric mobility in India and our global market.
Meanwhile, the CEO (Chief Executive Officer) of Zero Motorcycles said, “We are very happy to have Hero MotoCorp as our partner. He also said that we are both companies committed to bringing great, innovative products to the world by leveraging our riding experience.
Hero MotoCorp to invest Rs 490 crore in merger with Zero Motorcycles. Their joint partnership is expected to create a new range of e-bikes for India.
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