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

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