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Hero MotoCorp enters into strategic partnership with Gogoro Inc

22 Apr 2021 Evaluate

Hero MotoCorp and Gogoro Inc. have entered into strategic partnership to accelerate the shift to sustainable electric mobility in India. The partnership brings together the company and Gogoro, the global leader in urban battery swapping and smart mobility innovation.

The companies will establish a battery swapping joint venture to bring Gogoro’s industry leading battery swapping platform to India and will collaborate on electric vehicle development to bring Hero branded, powered by Gogoro Network vehicles to market.

Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.

Peers
Company Name CMP
Bajaj Auto 11009.00
TVS Motor Company 4083.15
Hero MotoCorp 5385.00
Eicher Motors 7219.00
OLA Electric Mobilit 37.87
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