Thursday, March 20, 2025

Hero acquires stake in Euler

Hero MotoCorp announces a strategic investment of Rs 525 crore in electric commercial vehicle maker Euler Motors, gaining a 32.5% stake. This move expands Hero MotoCorp's presence in the rapidly growing electric three-wheeler market and reinforces its commitment to sustainable mobility and diversified growth.

from Auto-Industry-Economic Times https://ift.tt/MtbVNsL

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Mercedes plans bigger India play with greater localisation of parts

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