Royal Enfield to Go Electric
ROYAL ENFIELD ELECTRIC MOTORCYCLES MAY NOT BE FAR AWAY BECAUSE Eicher Motors are working on a range of electric bikes to cater to the growing demand. However, the company will not stop the production of motorcycles based on existing internal combustion engine platforms. The new range of e-bikes is expected to be sold in India and in international markets. As of now, Royal Enfield sell motorcycles in the range of 350- to 650-cc and are also working on a number of new models.
Recently, Siddhartha Lal, Managing Director, Royal Enfield, revealed that since the EV segment is gaining momentum with positive policy action, the Indian two-wheel brand is strategically working on developing a range of premium electric vehicles to keep up with the changing times.
Lal further mentioned in the Annual Report of Eicher Motors that the company aims to develop a comprehensive environmental, social, and governance (ESG) vision and that electrification is a part of it.
The company has also made improvements in its energy consumption and waste management systems. Two of its manufacturing units have been certified water positive while the company is working steadily to increase its renewable energy component as well.