Skip to main content

Royal Enfield aims to develop electric motorcycle platform

Royal Enfield aims to develop an electric motorcycle platform that will advance the company's idea of pure motorcycles. Classic motorcycle maker based in Chennai said it is developing an electric motorcycle platform to remain relevant for a cleaner future.

Classic 350 motorcycle maker under Royal Enfield trademark owned by Siddhartha Lal-headed Eicher Motors Ltd will soon give way for future versions of electric motors. Rudratej Singh, president of Royal Enfield, on Wednesday said it needed to make something different for electricity.

Tinuku Royal Enfield aims to develop electric motorcycle platform

"We are working on an electric platform to advance the idea of pure motorcycles," Singh said.

The company claimed to be the oldest motorcycle maker in the world's sustainable production will build an electric motorcycle platform in response to remain relevant where the Indian government aims to promote the use of environmentally friendly vehicles.

Other two-wheelers in India include Hero MotoCorp Ltd, Bajaj Auto Ltd, TVS Motor Co. Ltd., and Honda Motorcycle & Scooter India Pvt. Ltd., is also considering using a cleaner vehicle by investing in new companies such as Ather Energy Pvt. Ltd. or build sub-brands.

Royal Enfield may also have to overhaul the current motorcycle platform to meet safety norms and emissions that will begin in 2019 respectively. Singh said the company will maintain the current platform, but a new platform will be built if needed.


Popular posts

Alphabet invested $550 million in

Alphabet Inc. invested US$550 million in Inc.'s business center as part of the efforts of the Mountain View Internet giant to expand its presence in the rapidly growing Asian market and strengthen Beijing's e-commerce giants in a global battle including the onslaught of Alibaba Group Holding Ltd, Inc., and Walmart Inc.

Both companies describe the investment as part of a broader partnership that will include product promotion in Google's shopping service to help expand beyond their base in China and Southeast Asia including establishing presence in the US and European markets.

The agreement is an Alphabet effort where the company's main services are blocked in China. Google is boosting investment across Asia where the rapidly growing middle class and lack of infrastructure in the retail, financial, and other areas have made it a battleground for US and Chinese internet giants. Alphabet recently took Go-Jek shares in Indonesia and may also invest…

Bajaj Electricals announced to acquire Nirlep Appliances

Bajaj Electricals announced to acquire the proposed Nirlep Appliances will provide a product portfolio that complements the offer and is a perfect synergistic blend. Agreement to fully acquire Nirlep Appliances cookware for Rs42.50 crore and thereafter be a full subsidiary.

"The Company has proposed to acquire 100% of Nirlep for consideration of Rs42.50 crore, depending on the adjustment of any additional liabilities for the period prior to the acquisition," said Bajaj Electricals.

"The proposed acquisition will provide ongoing business arrangements and other synergistic benefits for the company. It will also give the company exclusive access to the Nirlep brand, sophisticated manufacturing facilities, people, distribution networks, and intellectual property rights," the statement said.

Bajaj Electricals said it has agreed to complete the acquisition of all Nirlep shareholdings in two stages where 80% of the shares will be acquired within 60 days of the agreement a…

Hyundai and Audi collaborate on hydrogen car technology

Tinuku - Hyundai and VW's Audi on Wednesday agreed to collaborate on hydrogen car technology and look forward to improving the energy segment that lags behind the battery electric vehicle. Seoul auto giant wants to increase the absorption of hydrogen cars produced by fuel cells but has been held back by the lack of infrastructure and pressure for battery electric vehicles by Tesla.

The two companies will share access to their respective intellectual property and share components including new parts developed by Audi who are responsible for hydrogen fuel cell technology at Volkswagen Group. Hyundai hopes to create greater demand for vehicles such as the ix35 model and lower costs.

"We want to give component suppliers more opportunities, we want to have competition between component suppliers and will lower costs," said Sae Hoon Kim, head of Hyundai's R & D fuel cell group.

Toyota has praised the benefits of hydrogen vehicles that take less time to refuel than to r…