STARK ELECTRIC MOTORCYCLES RECEIVES 50 MILLION EURO INVESTMENT

R

Ron Lawson

by: Ron Lawson



PRESS RELEASE: Eicher Motors Ltd., leading Indian multinational automobile company, and parent company of Royal Enfield, global leader in the middleweight motorcycles segment (250cc-750cc), today announced a strategic collaboration in the space of electric motorcycles with Spain-based Stark Future SL. As part of this collaboration, the Board of Directors of Eicher Motors Ltd. has today approved an investment of € 50 million for a close to 10.35% equity stake in Stark Future. With this investment, Eicher Motors Ltd., will have a seat on Stark Future’s Board, and will explore further opport ...

... continues at Dirt Bike Magazine

 
Cookies are required to use this site. You must accept them to continue using the site. Learn more…