Hero Motocorp to invest $56m in Ather Energy.

Hero Motocorp, an Indian two-wheeler vehicle maker, agreed to invest $56m in Ather Energy, an electric vehicle start-up. "We were one of the early investors in Ather Energy and have continued to expand our association over the years. We are excited to see the growth of Ather Energy in recent years. Our aim is to expand the Hero MotoCorp brand promise and make EV ownership a convenient, hassle-free, and rewarding experience for customers across the world," Swadesh Srivastava, Hero MotoCorp Head of Emerging Mobility Business Unit.