Hero MotoCorp Limited — JV/Acquisition, 09-05-2025: Acquisition

Hero MotoCorp has announced a board meeting on its strategic investment in Euler Motors, acquiring a 34.10% stake for Rs. 510 crore. This move boosts Hero’s presence in the electric commercial vehicle segment, adding advanced EV technology to its portfolio. The partnership supports Hero’s push into sustainable mobility and targets growth in last-mile delivery and commercial logistics, positioning the company well for the evolving EV market.