Acko Drive Top 5 Bikes Stories Of The Week

From the launch of a new roadster to a major two-wheeler company putting all rumours to rest by confirming its launch in India, here's a quick rundown of the five most significant two-wheeler stories that revved up the industry this week.

Royal Enfield Guerrilla 450 Launched

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 has ushered in a visually enticing roadster style. It is priced between ₹2.39 lakh to ₹2.54 lakh (ex-showroom, India), and in this price range, the new Guerrilla 450 is one of the funkiest-looking bikes from the Chennai-based company’s stable. To know how funky, check out these different colour options on offer here. 

Norton To Enter India

Norton Motorcycles finally confirmed that it will enter India in the next three years, in a phased manner, with not one but six brand-new motorcycles. To know more about Norton Motorcycles' future plans, and how Manchester United, the football club, also has a role in it, head on to the link here. 

Ola Re-Evaluates Its IPO

As Ola prepares to go public soon, the company suddenly re-evaluated the value of its IPO this week from $5.4 billion (~ ₹ 45,156 crore) to $4.5 billion (~ ₹ 37,630 crore). The company cited that it wants to give its investors an “attractively priced” IPO to entice participation and foster long-term growth. And yet, interestingly, this drop in value has not affected the fact that it will still be one of the highest-valued IPO to go on sale this year. To know more about the same, click on the link here. 

FAME-III Not Part Of Annual Budget?

The third instalment 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. However, the Union Minster of Heavy Industries HD Kumaraswamy clarified this week that since the subsidy scheme is still in the final stages of development, it will be announced a few weeks after the annual budget announcement. What will the FAME-III curtail and what does that mean for the aam janta, check it out here.  

Hero XPulse 440 Spied Yet Again

Lastly, ADV enthusiasts can finally rejoice – for the upcoming Hero XPulse 440 has been spotted being tested again. This time the images gave us a more clear indication of which direction this bike will proceed. However, the underpinnings are quite conventional. For all the details head to the link here.