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1. Which prominent motorcycle manufacturer plans to invest Rs 900 crore in Altigreen Propulsion Labs, a startup in India's electric 3-wheeler market?
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.