Hero MotoCorp: Nearly a year after acquiring a direct interest in the business, Hero MotoCorp, the largest two-wheeler manufacturer in India, is preparing to introduce electric motorcycles from US-based Zero Motorcycles in India that will be produced there.
Hero MotoCorp and Zero
After investing $60 million in the California-based EV manufacturer, the Delhi-based business partnered with the California-based business in September 2022. In accordance with the original agreement, Zero would supply the technology for electric motorcycles. The launch of Zero’s premium line in India is now part of the two firms’ expanded partnership.
“We will be bringing the Zero portfolio into India. We will be manufacturing its products in India too. With Zero as our partner, we look forward to accelerating the transition to electric mobility in India and across our global markets,” Said Hero MotoCorp in its annual report.
Zero motorcycles
Powertrain and electric motorbike development are specialities of Zero Motorcycles. The company sells a large selection of electric motorcycles that are designed for off-roading, sports, and street riding. Products cost between $13,000 (Rs. 10.6 lakhs) and $24,000 (Rs. 19.6 lakhs) on the domestic market.
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