– To launch four electric motorcycles
– Investment of USD 60Mn in March 2023
– Could be launched in 2025
Hero MotoCorp collaborated with Zero Motorcycles, a California-based electric bike manufacturer, in the initial months of 2023 to distribute the latter’s products in the nation. Recently disclosed financial analyses suggest that this collaboration might lead to the development of a novel electric framework.
This innovative electric platform is reported to give rise to four distinct motorcycles. In the initial stage, there will be two electric motorcycles with high performance in dual body styles, and in the subsequent stage, there will be ‘mid-performance’ offerings as part of the second phase of the strategy.
Specifics regarding these offerings remain undisclosed, but considering the impressive performance associated with Zero Motorcycles, they are anticipated to be appealing and comparable to models like the Ultraviolette F77.
The reports indicate that an investment totaling USD 60 Million was committed in March 2023 for the advancement of this project. Nevertheless, the precise launch schedule for the Hero and Zero electric platform remains undisclosed. Nevertheless, there is an anticipation that it will be officially introduced at some point in 2025. These product offerings are also anticipated to be unveiled in various markets where Zero Motorcycles have a presence, with a particular focus on the USA and Europe.
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