There has been a lot of talk about Royal Enfield in recent months, with the talk of the Himalayan 450, the 650 that will soon arrive, and the numerous models that emerged from some documents leaked in India that could soon arrive in the House’s price lists. Royal Enfield is also moving forward in the electrical sector, with the Eelektro1 prototype, with the sketch of an electric Himalayan and with the statement last November in which the CEO B. Govindarajan commitment in this direction.
To confirm these words the shares for 50 million euros investite da Royal Enfield in Stark Future SL (approximately 10.35% of the total capital of the Swedish electric motorcycle company), as well as the appointment of a director to the board of directors. This partnership will create a permanent and lasting collaboration between the two companies, whose common goal is to create increasingly technological and advanced global mobility solutions.
The managing director of Eicher Motors Ltd, Siddhartha Lal the company behind Royal Enfield, said: “We love the vision, passion and focus of Stark Future. Recreational motorcycles don’t lend themselves easily to electric vehicle technology at this stage, due to challenges such as battery range, packaging, weight and cost. This has resulted in stunted growth of this segment so far. Stark Future was able to understand and exploit the potential of electric vehicle technology by significantly outperforming ICE offerings, without compromising on range, weight, packaging and cost. They have created an absolutely stunning motocross bike – the Stark VARG. We believe Stark Future with VARG has the highest growth potential in the electric vehicle industry and the potential to use this strong foundation to expand into other contiguous segments and beyond.”
