Hero’s Ather Stake Tops $1.34bn as Zero Holding Falls to 0.8%

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RideApart compared Hero MotoCorp’s EV investments. Hero has put about $175.6 million into Ather Energy, and its roughly 30% stake is now valued above $1.34 billion after Ather’s listing. Its Zero Motorcycles holding has fallen from 6.9% to 0.8% and was valued at $1.9 million in FY26, although joint electric-motorcycle development continues.