The category will have the classic-styled Flying Flea C6 and a scrambler-styled Flying Flea S6 - both loaded with connectivity features, Royal Enfield said.
The Ultraviolette is a track-only project that, when launched, will be the fastest electric two-wheeler to come out of India.
Zero is expected to bring its expertise in developing powertrains, while Hero MotoCorp will offer its manufacturing and distribution capabilities to the tie-up
However, Thapar clarified that the availability of electric motorcycles is still some years away due to the challenge in housing the large battery that long-range e-bikes will need.
Niranjan Gupta said the company will establish a chain of 100 exclusive outlets for Vida e-scooters by March 2024.
The company plans to make investments towards EV manufacturing, EV product development, and product development for its internal combustion engine portfolio
Capex for Royal Enfield to be around Rs 1,000 crore for FY 2024, which is 33% higher than in the previous year.
The new facility is spread over 70,000 square feet and will manufacture 15,000 F77 motorcycles in the first year and scale up to an annual capacity of 120,000 units