Hero MotoCorp has reportedly made an additional investment of Rs 20 crore in Ather Energy, the smart electric two-wheeler start-up. This is part of the company’s total commitment of Rs 205 crore for 26-30 per cent of the stake in the company.
The Bengaluru-based start-up is engaged in the business of designing and manufacturing smart elecrtric vehicles and associated charging infrastructure.
Hero MotoCorp is an India-based holding company and a two-wheeler manufacturer. The company is engaged in the manufacturing and selling of motorized two-wheelers, spare parts and related services.
