US-based Zero Motorcycles sees tremendous growth opportunity in India where it has tied up with Hero MotoCorp for co-developing premium electric bikes, according to CEO Sam Paschel.
The California-based firm, which specialises in electric motorcycles and powertrains, feels that it needs to have a product which could help it penetrate the price-sensitive market.
"We see tremendous opportunities for us in those (APAC and India) markets. But I think you have to have a product that fits the use case and the price points of those markets," Zero Motorcycles CEO Sam Paschel told PTI here in an interaction.
In future, the company will have models that should allow it to start penetrating the Asia Pacific and India as key markets, he added.
Zero Motorcycles, which is a global leader in electric motorcycles and powertrains, currently sells the majority of its vehicles in the US and Europe.
Terming Hero MotoCorp as a long-term committed development partner, Paschel noted that partners are ..