Hero MotoCorp to invest USD 60 million in Zero Motorcycles to co-develop e-bikes – ET Auto

New Delhi: World’s largest manufacturer of motorcycles and scooters Hero MotoCorp on Thursday said that it has collaborated with Zero Motorcycles, the California (USA)-based manufacturer of premium electric motorcycles and powertrains. The collaboration will focus on co-developing electric motorcycles, the company said in a release.

The company’s board also approved an equity investment up to USD 60 million in Zero Motorcycles.

Zero Motorcycles is the global leader in electric motorcycles and powertrains. Designed and crafted in California, Zero Motorcycles combines Silicon Valley technology with traditional motorcycle soul to elevate the motorcycling experience for riders around the world.

In keeping with its vision “Be the Future of Mobility”, Hero MotoCorp is addressing the electric mobility space through a range of organic and inorganic /collaboration initiatives and will launch its first electric product, under its emerging mobility brand Vida, Powered by Hero, on October 7, 2022

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