Two-wheeler manufacturer ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/hero-motocorp” target=”_blank”>Hero MotoCorp has announced a strategic investment of up to Rs 525 crore in three-wheeled electric commercial vehicle maker ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/euler-motors” target=”_blank”>Euler Motors.
The investment, to be made in one or more tranches, will give rel=”dofollow” href=”https://economictimes.indiatimes.com/hero-motocorp-ltd/stocks/companyid-13636.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Hero MotoCorp a 32.5% stake in Euler Motors on a fully diluted basis, according to a stock exchange filing on Thursday.
Founded in 2018 by ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/saurav-kumar” target=”_blank”>Saurav Kumar, Euler Motors focuses on designing, manufacturing, selling, and servicing electric three-wheelers. The company operates in 30 cities across India and recently launched its first…
