Royal Enfield gearing up to launch its first electric bike in 2 years

Eicher Motors, manufacturer of Royal Enfield motorcycles, plans to launch its first electric bike in India over the next two years. Initially, it plans to install production capacity of 150,000 units to coincide with its rollout. Gurgaon-based Eicher dominates India's premium motorcycle segment with a market share of approximately 90%.

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