Royal Enfield is on track to launch its first electric motorcycle by 2025, and the company has made considerable progress in its electric vehicle journey, its chief executive said.
The Chennai-based manufacturer, which leads the middle-weight segment of the motorcycle market with a more than 93% share, is looking at a record volume for the year that ends on March 31. “We are progressing on our EV journey and have several ideas that are already in advanced stages of testing. Our approach toward our electro-mobility journey is very different and we have spent considerable time to understand the market and trends,” B Govindarajan told ET.
