Hero MotoCorp to increase stake in Ather Energy to 39.7 percent

Hero MotoCorp, which is an early investor in Ather Energy and has been a part of the Bengaluru-based smart electric scooter manufacturer's growth story since 2016, is banking on demand growing rapidly for Ather products in the future.

15 Dec 2023 | 5286 Views | By Ajit Dalvi

Bullish on demand growing rapidly for electric two-wheelers in India, overall two-wheeler market leader Hero MotoCorp is to invest an additional Rs 140 crore in the Bengaluru-based smart electric scooter manufacturer Ather Energy. This move will see Hero MotoCorp increase its equity stake by three percent in Ather Energy to ...

This is an Autocar Pro Plus article. Subscribe to continue reading.

Copyright © 2025 Autocar Professional. All Rights Reserved.