Hero MotoCorp ties up with Gogoro
The country’s largest two-wheeler maker Hero MotoCorp on Wednesday said it has partnered with Taiwan-based Gogoro Inc to collaborate in the field of electric mobility.
New Delhi: The country's largest two-wheeler maker Hero MotoCorp on Wednesday said it has partnered with Taiwan-based Gogoro Inc to collaborate in the field of electric mobility.
As per the partnership, the companies will establish a battery swapping joint venture to bring Gogoro's industry leading battery swapping platform to India and will collaborate on electric vehicle development to bring Hero-branded, powered by Gogoro network vehicles to market.
"Today marks another major milestone in our journey, as we bring Hero's leadership in two-wheelers, our global scale and innovation powerhouse, with the leadership of Gogoro in swapping business model, as they have demonstrated over the years in Taiwan and rest of the world," Hero MotoCorp Chairman and CEO Pawan Munjal said in a statement.
This partnership will further extend the work, which the company is doing at its R&D hubs at the Centre of Innovation and Technology (CIT) in Jaipur and Tech Centre in Germany, he added.