Pawan Munjal can’t use ‘Hero’ tag for EVs, setback for new venture

Naveen, son of Pawan’s cousin Vijay Munjal, runs the Hero Electric two-wheeler business since 2007, and said his family received “global rights over the Hero brand name in perpetuity for electrics”, be it for personal-consumer use, or the commercial market.

from Markets-Economic Times https://ift.tt/2UE6tqF