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Hero MotoCorp to collaborate with Zero Motorcycles

30 Sep 2022 Evaluate

Hero MotoCorp is finalizing a collaboration agreement with Zero Motorcycles, the California (USA)-based manufacturer of premium electric motorcycles and powertrains. The collaboration will focus on codeveloping Electric motorcycles. The company’s board also approved an equity investment up to $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.

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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