'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
Schaeffler to Bring ECUs, Injectors into India’s Auto Aftermarket
As vehicles become more electronics-driven, Schaeffler plans to expand its India aftermarket portfolio beyond bearings i...
US and Indian automotive component industry to grow on the back of the agreement, says ACMA’s Vinnie Mehta
The agreement marks a positive reset for global auto component supply chains, with growth opportunities on both sides.
Video - Rural India Powers the Aftermarket: ACMA’s Sriram Viji
As vehicles become increasingly electronics-led, India’s automotive aftermarket is seeing its next growth wave emerge fr...




12 Mar 2025
4648 Views
Autocar Professional Bureau

Mukul Yudhveer Singh