Two-wheeler major Hero MotoCorp on Monday said it has inked a pact with the US-based Zero Motorcycles to collaborate on premium electric motorcycles.
The collaboration combines the expertise of Zero in developing power trains and electric motorcycles with the scale of manufacturing, sourcing and marketing of Hero MotoCorp, the country’s largest two-wheeler maker said in a statement.
In September 2022, Hero MotoCorp’s board approved an equity investment of up to $60 million in California-based Zero Motorcycles, a leading player in electric motorcycles and powertrains.