Eicher Motors collaborates with Spain’s Stark Future SL to jointly develop leisure electric motorcycle segment
Gurugram-based Eicher Motors Thursday announced a strategic collaboration with Spain’s Stark Future SL to jointly develop the leisure electric motorcycle segment.
As part of this collaboration, the Board of Directors of Eicher Motors has approved an investment of € 50 million for a close to 10.35% equity stake in Stark Future. With this investment, Eicher Motors will have a seat on Stark Future’s Board, and will explore further opportunities to collaborate in the space of electric mobility.
