Hero MotoCorp is all set to launch an electric model next year and mark its entry into the segment. Bullish on the electric vehicle (EV) vertical, the company is utilising its Jaipur (Rajasthan) and Stephanskirchen (Germany) based R&D set-ups to develop its own products.
Besides, the company has tied up with Taiwan-based Gogoro Inc to bring the latter's battery swapping platform to India. The partners have also decided to 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.
