Eicher Motors shares rise nearly 2% as Royal Enfield unveils new EV brand and electric motorcycle, Flying Flea C6

Eicher Motors shares saw a 1.40% increase on November 5, 2024, trading at ₹4,899.45 on the NSE as of 10:58 am. The stock’s rise comes after Royal Enfield, a subsidiary of Eicher Motors, unveiled its first electric motorcycle, the Flying Flea C6, under a newly launched EV brand.

The Flying Flea C6 is touted as India’s first electric motorcycle in the urban segment and is set to hit the roads in 2026. Designed for city use, this model is equipped with advanced features such as a traction control system, cornering ABS, and a full TFT display with smartphone connectivity. Built with an aluminum frame and a magnesium battery casing, the Flying Flea C6 aims to offer enhanced cooling and reduced weight, making it a unique entry in the EV motorcycle market.

Advertisement

Royal Enfield has yet to disclose the bike’s performance specifications or price, but interest is high due to the company’s move into the electric segment. This launch is expected to strengthen Royal Enfield’s position as it ventures into sustainable mobility.