Royal Enfield Working On Electric Bike for India

Motorcycle manufacturer- Royal Enfield is reportedly working electric bike for India.

Vinod Dasari, chief executive officer, Royal Enfield speaking to the ET said, “Just because there was a downturn, we did not cut down on our capex. I don’t think we will spend any more on any large (facility). Most of our capex will go into capability building, new products, electric and other stuff. And it will go into many small assembly plants around the world.

So, in its search of double digit growth, Royal Enfield is looking to bring in an range of new bikes including EVs.

Royal Enfield’s UK Technology Centre has already working on new RE bikes and as per reports the  the centre has already come with an electric bike, though it is based on an existing bike with an electric powertrain.

As of now there is no word on when the company plans to launch the range of bikes including electric version in the India market. However, there is a silver lining here is that there are plenty of upcoming Royal Enfield bikes to look forward to in the near future.

Earlier this year, Royal Enfield set up the company’s first assembly plant outside India, in Thailand, and exports have gradually started gathering momentum, primarily on the back of Royal Enfield’s new 650 Twins. More importantly, the CEO was candid in expressing that capital expenditure has been on capability building, including new products and an electric drivetrain.