From Zero to Hero
California based electric motorcycle manufacturer Zero has agreed to collaborate with Indian manufacturer and former Buell partner Hero MotoCorp on new premium electric vehicles.
Hero MotoCorp, one of at least three Asian manufacturers which claims to be "the world's largest manufacturer of motorcycles and scooters," is to invest up to $60m in Zero Motorcycles.
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| Zero CEO Sam Paschel |
Dr. Pawan Munjal, Chairman & CEO, Hero MotoCorp, said: "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."
For Zero, CEO Sam Paschel is quoted as saying: "We are delighted to have Hero MotoCorp as our partner. Our companies are both committed to transforming the riding experience and bringing remarkable, innovative products to the world. With these shared passions, we look forward to delivering exceptional value, performance and fun for our customers."
In keeping with its vision 'Be the Future of Mobility', Hero MotoCorp is addressing the emerging mobility space, including electric vehicles, through a range of third-party and in-house developed initiatives and has an advanced R&D facility based in Munich, Germany, to help it develop state-of- the-art solutions. Under its emerging mobility brand, VIDA, Powered by Hero, the company has already launched its first EV, the VIDA V1 scooter, and has initiated operations of its public charging infrastructure in India.
Pawan Munjal recently introduced three new products in Turkey - the Xpulse 200 4V motorcycle and its Dash 110 and Dash 125 scooters.