Eicher Motors Shares Surge Following Launch of Royal Enfield's Electric Motorcycle
Eicher Motors jumps 3% as Royal Enfield launches Flying Flea C6
Business Standard
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Eicher Motors' shares increased by 3.4% after Royal Enfield introduced the Flying Flea C6, its first electric motorcycle priced at ₹2.79 lakh (approximately $3,400 USD). The launch marks Royal Enfield's entry into electric mobility, coinciding with its 125th anniversary, and aims to cater to urban commuting needs.
- 01Eicher Motors shares rose 3.4% following the launch of the Flying Flea C6.
- 02The Flying Flea C6 is priced at ₹2.79 lakh (approximately $3,400 USD) and is designed for urban use.
- 03The motorcycle features a 3.91 kWh battery and a top speed of 115 km/h.
- 04Nomura estimates sales of 500-1,000 units per month for the Flying Flea C6.
- 05Royal Enfield aims to expand its electric vehicle lineup, focusing on urban mobility.
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Eicher Motors saw its shares rise by 3.4%, reaching an intra-day high of ₹7,393.95 per share, following the launch of the Flying Flea C6, Royal Enfield's first electric motorcycle. Priced at ₹2.79 lakh (approximately $3,400 USD), the motorcycle is targeted at urban commuters and features a 3.91 kWh battery with a top speed of 115 km/h. Bookings opened on April 10, 2026, with deliveries expected to start at the end of May 2026. The launch coincides with Royal Enfield's 125th anniversary and introduces a new sub-brand focused on electric mobility. Analysts from Nomura maintain a 'Neutral' rating on Eicher Motors, projecting monthly sales of 500-1,000 units for the C6, while highlighting the need for improvements in battery size and charging capabilities. ICICI Securities noted the strategic importance of this launch, positioning Royal Enfield to compete in the growing electric motorcycle market, which is increasingly dominated by startups and global players.
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The launch of the Flying Flea C6 introduces a new electric motorcycle option for urban commuters, potentially influencing local transportation choices and contributing to the growth of electric vehicle adoption.
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