Current Affairs - Business - Discussion

Hero MotoCorp, a well-known motorcycle manufacturer, is planning to invest Rs 900 crore in Altigreen Propulsion Labs, a leading startup in India's electric 3-wheeler market. This strategic investment aims to enhance Hero MotoCorp's position in the growing electric vehicle sector, particularly in the last-mile delivery segment, where Altigreen's electric cargo 3-wheelers have already gained traction with over 5,000 units sold. This move highlights Hero MotoCorp's commitment to sustainable transportation solutions and its efforts to strengthen its competitiveness in the industry.