Be careful, Harley – Zero Bikes has signed on with Hero Motocorp in the optimizing of motorcycle markets… solely these explicit bikes are electrical.
Hero has already been rolling out EVs to India’s roads by way of the “VIDA V1 scooter,” working below a brand new model identify, VIDA; now, Hero’s accepted an fairness funding of as much as US$60 million in Zero.
The outcomes?
Zero’s bikes can now make the most of Hero’s manufacturing, sourcing, and advertising in India; Zero’s gross sales will go up, and Hero will be capable to lean on Zero’s wonderful moto status whereas increasing the duo’s dynasty… and Zero may even share their electrical powertrain tech with them.
Win, win, win.
“Our partnership with Zero Bikes is a major milestone in our journey in the direction of ushering in an period of sustainable clear know-how within the mobility area,” lauds Dr. Pawan Munjal, the Chairman & CEO of Hero MotoCorp., in Zero’s latest press launch.
“With Zero as our associate, we sit up for [accelerating] the transition of electrical mobility in India and throughout our world markets.”
“We’re delighted to have Hero MotoCorp – the world’s largest motorbike maker – as our associate,” agrees Sam Paschel, the CEO of Zero Bikes.
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“Our firms are each dedicated to reworking the using expertise and bringing exceptional, progressive merchandise to the world.”
“With these shared passions, we sit up for delivering distinctive worth, efficiency, and enjoyable for our clients.”
What do you consider Zero’s new partnership with Hero?
