
Hero MotoCorp has announced an additional investment of Rs 1,758 crore in EV startup Ather Energy, increasing its total stake to 32.8%.
The capital infusion is intended to accelerate Ather's production capacity and R&D efforts as the company scales its electric two-wheeler operations.
This strategic move underscores Hero MotoCorp's commitment to capturing a larger share of the Indian electric vehicle market by 2027.