Friday, March 21, 2025

Hero MotoCorp to invest up to Rs 525 crore in Euler Motors for 32.5% stake

The investment in the three-wheeled electric commercial vehicle maker will be made in one or more tranches. According to the company, the investment will give it a strong foothold in the fast-growing electric three-wheeler market, where EVs could account for 35% of total sales soon.

from Tech-Economic Times https://ift.tt/cqUG6Ay

No comments:

Post a Comment

Amazon, Flipkart spark quick commerce price war as Blinkit, Instamart hold the line

India’s quick-commerce market is back in a discounting spiral. Amazon and Flipkart are turning up the heat, but incumbents Blinkit and Swigg...