New Delhi: Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has announced a collaboration with Zero Motorcycles, a leading US-based electric motorcycle manufacturer. The two companies will work together to develop and produce electric motorcycles and scooters for both the Indian and global markets.
Hero MotoCorp has been a dominant player in the Indian two-wheeler market for decades, with a wide range of products catering to various segments. However, with the increasing demand for electric vehicles in India, the company has been focusing on developing electric two-wheelers. This collaboration with Zero Motorcycles is expected to give Hero MotoCorp access to advanced electric vehicle technology, which it can then use to develop more efficient and powerful electric motorcycles and scooters.
Zero Motorcycles is a well-known player in the global electric motorcycle market, with a range of high-performance electric motorcycles that are known for their speed, power, and range. The company’s motorcycles are also known for their innovative design and advanced technology. By collaborating with Zero Motorcycles, Hero MotoCorp hopes to tap into the company’s expertise in electric vehicle technology and develop a range of electric motorcycles and scooters that are both powerful and efficient.
The collaboration between Hero MotoCorp and Zero Motorcycles is expected to benefit both companies. Hero MotoCorp will gain access to Zero’s expertise in electric vehicle technology, enabling it to develop more advanced electric motorcycles and scooters. On the other hand, Zero Motorcycles will benefit from Hero MotoCorp’s extensive distribution network in India and other countries, which will help the company expand its reach in the global electric motorcycle market.
According to Pawan Munjal, Chairman and CEO of Hero MotoCorp, the collaboration with Zero Motorcycles is part of the company’s vision to be a leader in the global electric vehicle market. He said, “Our strategic partnership with Zero is a big step towards achieving this goal. I am confident that this will be the beginning of a long and successful journey for both companies.”
The collaboration between Hero MotoCorp and Zero Motorcycles is expected to develop a range of electric motorcycles and scooters that will cater to different market segments. With the demand for electric vehicles increasing around the world, this collaboration is likely to give Hero MotoCorp a competitive edge in the global two-wheeler market.
