According to a recent news report in one of the nation’s leading dailies, Hero MotoCorp will be phasing out their Impulse and Ignitor motorcycles and Maestro scooter soon as they have been launched with technology assistance from erstwhile partner Honda Motor Co of Japan.
Pawan Munjal, MD of Hero MotoCorp, said the company wants an independent robust R&D set-up, for which it has stitched up a new technology agreement with a European design and technology provider — its third such partner since its split from Honda last year. He said going forward, Hero MotoCorp wants to develop products with its new partners so that it can replace those developed with Honda.
Hero, that is setting up an integrated R&D centre near Jaipur with an investment of Rs 400 crore, has been getting aggressive in firming up alliances to guarantee new technology flow after the departure of Honda. Munjal did not disclose the name of the new European partner. In February, the company announced a partnership with US superbike company Erik Buell Racing (EBR), and in March signed a research deal with Austrian engine manufacturer AVL.