Royal Enfield plans to launch its first electric motorcycle in India within two years, aiming for an 80% market share. The company has allocated a significant capital expenditure for EV development and established a production capacity of 150,000 units. With competition in the mid-size segment increasing, Royal Enfield remains confident in maintaining a substantial market share. Furthermore, the company expects the overall motorcycle market to grow significantly over the next decade. Stay tuned for exciting new offerings from this iconic brand.
Get ready for the exciting Continental GT Cup Season'23 by Royal Enfield, as riders from all backgrounds showcase their skills on the race-prepped Continental GT 650. Don't miss this thrilling track racing event!
Triumph Motorcycles achieves remarkable success with new Speed 400 and Scrambler 400 X models, posing a threat to Royal Enfield's dominance in India's sub-500 cc roadster segment.
Indian auto manufacturer Bajaj Auto launches two new Triumph motorcycles, intensifying competition in the premium sector dominated by Eicher Motors' Royal Enfield. How will this impact the market dynamics?
Hero MotoCorp expands market share with Harley-Davidson collaboration and competitive pricing - Aiming to attract consumers in the 350cc segment with the new Harley-Davidson X440 bike. (Note: The given description is 204 characters long, which exceeds the 150 character limit. Please let me know if you require further assistance.)
Eicher Motors' share price rises 2% following improved sales figures in June. Domestic sales and Royal Enfield motorcycles show significant growth, but exports decline.
Triumph Motorcycles achieves remarkable success with new Speed 400 and Scrambler 400 X models, posing a threat to Royal Enfield's dominance in India's sub-500 cc roadster segment.