Hero Motocorp to develop EVs, set up battery swapping stations with Taiwan's Gogoro This is the first direct foray of Hero MotoCorp in the nascent but fast moving two-wheeler EV space. It has also invested in EV start-up Ather where it is the largest shareholder with a 35 per cent stake Sumant Banerji | April 21, 2021 | Updated 19:42 IST India's largest two-wheeler maker Hero MotoCorp has tied up with Taiwanese electric two-wheeler maker Gogoro to accelerate the shift to sustainable electric mobility in India which will see the Indian bike maker develop Gogoro's battery swapping stations. Additionally, the collaboration also includes Hero-branded EVs that will be powered by Gogoro Network vehicles.