Acko Drive Top 5 Bike Stories of the Week

From the launch of a new roadster to a major two-wheeler company putting all rumors to rest by confirming its launch in India, here’s a quick rundown of the top five two-wheeler stories that rocked the industry this week .

Royal Enfield Guerrilla 450 has been launched

The the new Guerrilla 450 is Royal Enfield’s second motorcycle launch this year after the Shotgun 650. Based on the same ‘Sherpa 450’ platform as the new Himalayan 450, the new Guerrilla 450 introduced a visually appealing roadster style. Priced between INR 2.39 and INR 2.54 (ex-showroom, India), and in this price range, the new Guerrilla 450 is one of the quirkiest bikes in the Chennai-based company’s stable. To know just how funky, check these out different color options offered here.

Norton to enter India

Norton Motorcycles has finally confirmed that it will enter India over the next three years in a phased manner with not one but six brand new motorcycles. To find out more about Norton Motorcycles’ future plans and how Manchester United Football Club has a part to play in it too, access the link here.

Ola reevaluates its IPO

As Ola prepares to go public soon, the company has suddenly revalued its IPO valuation this week from $5.4 billion (~₹45,156 crore) to $4.5 billion (~₹37,630 crore). The company said it wants to offer its investors an “attractively priced” IPO to attract participation and drive long-term growth. And yet, interestingly, this drop in value hasn’t affected the fact that it will still be one of the most valuable IPOs to go on sale this year. To know more about the same, click the link here.

Is FAME-III not part of the annual budget?

The third installment of the Faster Adoption and Manufacturing of Electric Vehicle (FAME) subsidy scheme was supposed to be announced with the upcoming Union Budget on July 23. the subsidy scheme is still in the final stages of development, it will be announced a few weeks after the annual budget is announced. What will FAME-III cut and what does it mean for i have the rim, check it out here.

Hero XPulse 440 spied again

Finally, ADV enthusiasts can finally rejoice – because the upcoming Hero XPulse 440 has been spotted testing again. This time the images have given us a clearer indication of where this bike will go. However, the fundamentals are quite conventional. For all the details access the link here.