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Hero MotoCorp Partners With Gogoro For Mass-market Electrification And Battery Swapping Technology


So, what exactly is the plan here between Hero and Gogoro?
Hero and Gogoro are partners in an endeavour to take electric mobility to the masses. Hero will be entering into a joint venture with Gogoro to primarily bring the latter’s battery swapping network to India. Hero had announced last year that it had allocated a budget of Rs 10,000 crores for R&D, new product development and expansion of facilities for the next 5-7 years. This initiative could very well be an integral part of this incredible investment. Large-scale production was critical for this, and Hero’s decision makes all the more sense now that there’s another new and promising electric player entering the Indian market  Ola Electric. ....

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