Bajaj CNG Bike: World’s First Launch Next Quarter
Bajaj Auto, a trailblazer in the automotive industry, has taken a bold step by advancing the launch of the world’s first compressed natural gas (CNG) motorcycle. This move, confirmed by Rajiv Bajaj, the Managing Director of Bajaj Auto, not only showcases the company’s commitment to innovation but also sets a global milestone in sustainable two-wheeler technology.
Unveiling the Bajaj CNG Bike
Rajiv Bajaj sheds light on the versatility of the upcoming CNG bike, revealing plans for various displacement options ranging from 100cc to 150-160cc. This extensive range will provide consumers with a diverse portfolio, catering to different preferences and riding needs.
A Sustainable Alternative
The integration of a CNG cylinder within a motorcycle marks a significant leap towards sustainability. Bajaj Auto’s pioneering initiative offers a viable alternative to traditional fuel-powered two-wheelers, aligning with the global shift towards eco-friendly transportation solutions.
In addition to the CNG bike venture, Bajaj Auto is experiencing robust growth in the electric vehicle (EV) segment. The Chetak electric scooter has witnessed substantial year-on-year monthly growth, indicating a rising consumer interest in electric mobility. Plans are underway to introduce a new Chetak offering in the next quarter, with production set to double to 20,000 units per month to meet the growing demand for EVs.
Triumph Collaboration and Production Expansion
Bajaj Auto’s collaboration with Triumph motorcycles is gaining momentum, with plans to deliver up to 10,000 units per month by the festive season. The company is actively expanding its production capacity to meet the rising demand, aiming for a remarkable 30,000 units per quarter.
Looking ahead, Bajaj Auto hints at the launch of the largest Pulsar model ever in early FY25. This strategic shift towards ‘super-segmentation’ signals Bajaj Auto’s commitment to offering a diverse range of high-performance motorcycles, catering to the evolving preferences of motorcycle enthusiasts.
Bajaj Auto’s groundbreaking initiatives, from the world’s first CNG motorcycle to the expansion in the electric and high-performance motorcycle segments, underscore the company’s commitment to innovation and sustainability. As the automotive landscape evolves, Bajaj Auto remains at the forefront, shaping the future of two-wheeler technology.
When is the world's first CNG motorcycle from Bajaj Auto set to launch?
Bajaj Auto has preponed the launch, and it is expected to hit the market on Diwali or Late 2024.
What is the range of displacement options for the upcoming CNG bike?
The CNG bike will be available in various displacement options, ranging from 100cc to 150-160cc.
What are Bajaj Auto's plans for electric vehicles (EVs)?
Bajaj Auto is witnessing strong growth in the EV segment, with plans to introduce a new Chetak offering in the next quarter and doubling production to meet the growing demand.