Hero MotoCorp enters partnership with Zero Motorcycles

30 Sep 2022 , 08:45 AM

Hero MotoCorp, the largest two-wheeler manufacturer in the nation, announced that it is finalizing a collaboration agreement with Zero Motorcycles, a premium electric motorcycle and powertrain manufacturer with headquarters in California (USA).

The co-development of electric motorcycles will be the main goal of the partnership.

The company’s board of directors has approved a $60 million equity investment in Zero Motorcycles.

The market leader in electric motorcycles and powertrains is Zero Motorcycles. Zero Motorcycles is a California-based company that designs and builds traditional motorcycles with modern technologies to improve the riding experience for riders all over the world.

As part of its mission to “Be the Future of Mobility,” Hero MotoCorp is addressing the electric mobility market through a variety of organic and inorganic collaboration initiatives. On October 7, 2022, Vida, Powered by Hero, the company’s emerging mobility brand, will introduce its first electric vehicle.

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