Motorcycle market leader Hero Motocorp is planning an aggressive foray into electric vehicle market by launching both electric scooters and motorcycles. They had invested 30% stake in Ather Energy who is expected to launch their product before Diwali 2018. It seems Ather will be launching more than 1 vehicle!
Hero Motocorp will be developing & launching electric motorcycles and scooters under its own brand name. Now Hero Electric was also part of Hero group before it split ways years ago and became an independent entity.
Hero MotoCorp has set some hearts racing from the moment they partnered with Erik Buell Racing. Last year they had showcased this hydrogen fuel cell concept vehicle in Auto Expo Event 2014. Now that Erik Buell has filed for bankruptcy and Hero has bought the company still keeping Erik Buell on its payroll together with the fact that the Indian Electric Bike scene has been simmering has kept up hopes of this hydrogen cell bike or even electric bike making it to the production lines.