Hero Moto may look beyond two wheelers, launch electric cars

Hero Moto is planning to look beyond it’s two wheelers and may introduce electric cars, according to a Times of India report. Currently they have a three-wheeler electric vehicle named Quark 1 which can transform into a two-wheeler when needed.

The company according to the report is “looking beyond it’s traditional two-wheeler business.” The CEO, Chairman and MD of Hero MotoCorp Pawan Munjal, however, said that they are looking at “many options.”  He said that there many possibilities and that they will first follow various directions and then see which one can be done.

He added that they are also planning to partner and collaborate with other firms but “there are no confirmed talks with any company at present.”

 

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