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May 12,2025

Hero MotoCorp Acquires 34.1% Stake in Euler Motors

Hero MotoCorp has completed the acquisition of a 34.1% stake in Euler Motors for ₹510 crore, marking its entry into the electric commercial vehicle market. The investment, made on a fully diluted basis, was announced in March 2025. Euler Motors, an eight-year-old startup, manufactures electric three- and four-wheelers.

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