March 1 (Reuters) - Motorcycle and all-terrain vehicle maker Polaris Inc on Monday unveiled plans to launch its first electric vehicle, with an aim to advance the company's position in the electric vehicle market.

Polaris said the full-size Ranger, which it is developing in partnership with Zero Motorcycles, will launch in late December. Deliveries of the vehicle will start in early 2022.

In 2017, the company had said it planned to launch an electric bike under its marque Indian brand in four to five years. It is yet to provide an update on those plans. (https://reut.rs/2ZXd3Yq) (Reporting by Tiyashi Datta in Bengaluru; Editing by Krishna Chandra Eluri)