Cost efficiency will help win electric vehicle race: Hero MotoCorp

It has already tied up with Bengaluru-based Ather for its fast-charging technology

Largest two wheeler maker Hero MotoCorp will have multiple tie ups and partnerships with companies so that it can take advantage of an established system. The company plans to launch its first EV product in March which is likely to be an electric scooter

It has already tied up with Bengaluru-based Ather’s fast-charging technology. Hero owns around 38 percent stake in the company. A senior company executive said that both the companies are exploring synergies in developing charging infra, global business or front end adding that already there is a lot of learning which is getting cross pollinated between the two