Hero Motocorp's Vida V1 scooter
Hero Motocorp, one of the biggest automobile companies in India, officially declared on Monday that the firm will collaborate with the US-based electric motorcycles manufacturer, Zero Motorcycles.
The move will help the automobile giant to manufacture premium electric motorcycles with the help of the expertise of California’s Zero in manufacturing power trains and electric motorcycles.
The partnership, which comes after the $60 million investment by Hero Motocorp with Zero in September 2022, indicates that Hero could use the dealership network to sell the products of Zero Motorcycles in India.
Statements from both the firms’ CEO
The CEO and chairman of Hero, Pawan Munjal, while speaking about the collaboration said in a press release, “Our partnership with Zero Motorcycles is a significant milestone in our journey towards ushering in an era of sustainable clean technology in the mobility space. With Zero as our partner, we look forward to accelerating the transition of electric mobility in India and across our global markets.”
Meanwhile, Zero’s CEO Sam Paschel said in a statement, “Both companies are committed to transforming the riding experience and bringing remarkable and innovative products to the world.” He also added, “With these shared passions we look forward to delivering exceptional value, performance and fun for our customers.”
Though both the firms’ heads spoke about their collaboration, they didn’t reveal any news about their product strategy. But customers are already aware of Vida V1 electric scooter launched by Hero.
Explore Hero Motocorp
Continue reading to know about the automobile giant. Hero MotoCorp is a leading Indian two-wheeler manufacturer that produces a wide range of motorcycles and scooters. The company was founded in 1984 and was originally a joint venture between Hero Cycles of India and Honda of Japan. In 2010, Hero separated from Honda and became an independent entity, renaming itself Hero MotoCorp. The company’s headquarters is in New Delhi and has manufacturing facilities across India. Hero MotoCorp is famous for its focus on innovation, quality, and customer satisfaction, and has a strong presence in the domestic and international markets. The company’s products are popular for their reliability, fuel efficiency, and affordability.
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