Hero MotoCorp’s master plan! Will bring premium Electric Bikes at a low price

Hero MotoCorp One of the largest two-wheeler companies in India. It offers a wide range of motorcycles and scooters in the country. It is expected that in the coming times, thanks to Hero MotoCorp, Indian customers will be able to buy premium electric bikes at a lower price.

In fact, Hero MotoCorp has signed an agreement with Zero Motorcycles, an EV and powertrain maker. Under this, Hero MotoCorp will be helped in making premium range Electric Motorcycles in India.

Hero MotoCorp will spend Rs 495 crore

Due to the new deal, Hero MotoCorp’s manufacturing, sourcing and marketing are expected to improve. At the same time, the features of Zero will be found in the company’s Electric Bikes and Powertrain. In an announcement made in September 2022, Hero MotoCorp’s board approved equity investment of up to $60 million (about Rs 495 crore) in Zero Motorcycles.

Let us tell you that Zero Motorcycles bikes are designed and manufactured in California. The company blends technology with machines to deliver superior motorcycling experience to riders across the globe.

Hero MotoCorp said this

Dr. Pawan Munjal, Chairman and CEO, Hero MotoCorp, said, “Our partnership with Zero Motorcycles is very important for us to usher in an era in the mobility space and technology. Together with Zero, we will work to drive the rapid transformation of electric mobility in India and our global markets.”

Premium electric bikes will be available at the right price

Sam Paschal, CEO, Zero Motorcycles said, “We are delighted to have the world’s largest motorcycle manufacturer – Hero MotoCorp as our partner. Our companies seek to transform the riding experience and bring innovative products to the world. With these intentions, we aim to offer value for money, performance and riding experience to our customers.”

Hero’s Electric Scooter

Hero MotoCorp has launched the first EV Vida V1 Electric Scooter under its mobility brand Vida. The company has started operation of its public charging infrastructure in Bengaluru, Delhi and Jaipur. Along with this, the company has set up around 300 charging points in 3 cities for public use.

Also read: Electric cargo cycle will reach every village, this government company made this plan

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