News has come that Bajaj Auto are working on a range of electric offerings in the two-wheeler segment. These models are expected to be on Indian roads by the end of next year. Currently, the prototypes of these models are undergoing testing on various parts of the country.
This news was confirmed by Bajaj Auto just a couple of days ago. The homegrown company will put its chances on the currently null electric two-wheeler market. These models will be placed in a luxury category of the electric two-wheeler market.
Bajaj Auto revealed that they will soon launch an sub-brand for electric premium vehicle segment called ‘Urbanite’.
Coming to the initiative, it looks like a good move from Bajaj Auto. This could also tempt major two-wheeler manufacturers here to enter the segment. Also, Bajaj Auto have seen a marginal increase in overall sales numbers, which could help the company on their future plans.
At present, the electric two-wheeler market is filled with huge potential and Bajaj Auto looks aware of the benefits. Given Bajaj Auto’s expertise and knowledge of market conditions, we can expect their electric two-wheeler line-up to be affordably priced and reasonably well equipped. It remains to be seen how will the Indian public respond to the move by Bajaj Auto.
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Also see: Bajaj Auto to develop its own electric drivelines code-named ‘URBANITE’
Source: CNBC-TV18
