Hero MotoCorp NSE -1.78%, the leader in the Indian two-wheeler market, is fueling up for the next leap in mobility. On the canvas could be connected, autonomous and shared commercial as well as personal platforms and products, which may include an electric car.

The company has already prototyped a high-utility, modular electric three-wheeler (Quark 1) that can be intelligently converted into a two-wheeler, based on requirements of the user.

The product, which has been already showcased, can be used for personal and commercial purposes, including ecommerce deliveries and other such applications.

Similar innovations and solutions — beyond its traditional two-wheeler business — will form the new line-up that the company is working on as part of a vision of future of mobility, Pawan Munjal, chairman of Hero Moto, said after the automaker rolled out a record 100 million two-wheelers since its inception in the early 80s'. "… the next 100 million line-up in all likelihood will not only be a motorcycle or a scooter, or a three-wheeler", Munjal told TOI, as he gave out hints about the company's 'vision' on mobility.

He said collaborations and partnerships may happen as part of this outreach, though there are no confirmed talks with any company at present.

Asked whether the company is taking a risk by looking at avenues beyond its stronghold of two-wheelers, Munjal said the transition is guided by mobility trends.