Hero MotoCorp Finalized Its Partnership With Zero Motorcycles
Hero MotoCorp has announced that it is finalizing its partnership with California-based electric bike manufacturer, Zero Motorcycles to co-develop high-end electric motorcycles. Hero will also invest 60 million US dollars (around Rs 490 crores) in Zero Motorcycles by purchasing shares of the firm. As a result of this partnership, we could witness the arrival of affordable performance-oriented electric motorcycles in the future.
For those who aren’t aware, Zero Motorcycles was founded in 2006 by Neal Saiki, a former NASA engineer. Currently, the company has a wide range of performance-oriented electric motorcycles in its portfolio, such as Zero S (street), SR (street racing), FXS (supermoto), DS (dual-sport), DSR (dual-sport racing), FX (motocross), and SR/F.
In other news, Hero MotoCorp is all set to unveil its first electric scooter under the VIDA sub-brand on October 7, 2022. It will benefit from the removable battery pack, backed by The brand claims that 1006 prototypes were tested across 2 lakh kilometers to finalize its launch version. Expect the homegrown manufacturer to also announce the Hero Zero partnership on the same day.