'The EV Market Is Not Showing the Right Growth Path': Classic Legends’ Sharad Agarwal
While brands like Royal Enfield are entering the EV space, Classic Legends, believes the premium motorcycle segment is still waiting for an EV breakthrough. Sharad Agarwal, the company's CBO remains critical and says, “The EV market isn’t showing the right growth path. We will enter the market at the right time."
While companies like Royal Enfield are entering the electric motorcycle space, Classic Legends, on the other hand, believes the premium motorcycle segment is still waiting for an EV breakthrough.
In this interview, Sharad Agarwal, Chief Business Officer, Classic Legends, says, “The EV market is not showing the right growth path. While we are ready with the technology, we do not want to just do it as a ‘me too’ product. At the right time, we will enter the market."
He said that Classic Legends is redefining India’s classic motorcycle experience with a bold and unconventional approach. “The challenger spirit is what drives us. We’re creating new segments and categories." "Each brand under Classic Legends — Jawa, Yezdi, and BSA— is designed with its own character, ensuring distinct identities that resonate with different consumer groups," Agarwal adds in this video.
VIDEO:
RELATED ARTICLES
Panel Discussion | Hybrid Powertrains as a Transition to Electrification | Future Powertrain Conclave
The panel discussion highlights the importance of hybrid powertrains, including range extenders and PHEVs, as viable mea...
Panel Discussion | The Future of Diesel | Future Powertrain Conclave
In this panel discussion, experts discuss the viability of diesel amidst tightening emission standards like the upcoming...
Panel Discussion | Powertrain and Policy Trends Shaping the Future | Future Powertrain Conclave
In this panel discussion held at the Future Powertrain Conclave in Chennai, industry leaders discuss the key policy meas...