Royal Enfield EV bike: Royal Enfield is a strong competitor in the Indian motorcycle market. In these changing times, when the demand for electric two-wheelers has skyrocketed, the company is planning to launch an EV bike. It was recently revealed that the corporation has preserved the internal codename ‘L1A’ for their EV bike.
Royal Enfield EV prototype to be showcased first
According to sources, Royal Enfield is developing two electric motorcycles in conjunction with the Spanish electric vehicle startup Stark Bikes. The startup plans to present its prototype to the public this year. The company has not yet released any information on its EV bike. It is expected that this bike will be available on the market by the end of 2024.
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Royal Enfield sets up new factory in Tamil Nadu
According to the information, Royal Enfield is setting up a new factory for electric vehicles in Tamil Nadu. For this, 60 acres of land have been acquired in the Cheyyar constituency. The company is expected to invest around Rs 1,500 crore in the project.
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