Eicher Motors to Acquire 10.3% Stake in E-Motorcycle Firm for €50 million
Stark Future’s technology to aid the electrification of leisure motorcycles
December 30, 2022
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India-based automobile conglomerate and the parent company of Royal Enfield, Eicher Motors (EML), said it would acquire a 10.35% stake in European electric motorcycle manufacturer Stark Future with an initial equity investment of €50 million (~$53.2 million).