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Bajaj Auto Looking at High-end Electric Motorcycles With KTM

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Last Updated: July 29, 2022, 11:42 IST

Bajaj Auto Looking at High-end Electric Motorcycles with KTM (Credit Miguel Olivera / Twitter)

Bajaj Auto said it is looking at platforms for high-end electric motorcycles with its Austrian premium bike partner KTM

Bajaj Auto on Tuesday said it is looking at platforms for high-end electric motorcycles with its Austrian premium bike partner KTM. The company also said it is taking a balanced and calibrated approach to the geographical expansion of its Chetak e-scooter.

“We are also in discussion with KTM (and) there is a joint work going on where we are looking at platforms for high-end electric motorcycles,” Bajaj Auto Executive Director Rakesh Sharma said while replying to a question during the post-Q1 earnings media briefing. Sharma said the plan is “certainly on our radar screen, and it will be announced at the right time”.

On Chetak electric scooter, he said volumes are expected to be better than Q1, which logged 6,200 units as compared to 300 units in the March quarter of the previous fiscal. Hopefully, it will be double or near double of Q1, depending upon the supply chain visibility, Sharma said.

Also Read: CCPA Issues Notice to Several Electric Two-Wheeler Makers Following Fire Incidents

Unlike the business which is already running, we are very careful in calibrating the expansion of our geographical footprint, he stated. At present, the total bookings for the vehicle stand at over 16,000, he said.

The e-Chetak is currently available across 27 cities which Bajaj Auto plans to take to 100 cities, according to him. He said the festive season last year was satisfactory and it is expected to be decent this year unless inflation comes into play.

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Last Updated: July 29, 2022, 11:42 IST

Bajaj Auto Looking at High-end Electric Motorcycles with KTM (Credit Miguel Olivera / Twitter)

Bajaj Auto Looking at High-end Electric Motorcycles with KTM (Credit Miguel Olivera / Twitter)

Bajaj Auto said it is looking at platforms for high-end electric motorcycles with its Austrian premium bike partner KTM

Bajaj Auto on Tuesday said it is looking at platforms for high-end electric motorcycles with its Austrian premium bike partner KTM. The company also said it is taking a balanced and calibrated approach to the geographical expansion of its Chetak e-scooter.

“We are also in discussion with KTM (and) there is a joint work going on where we are looking at platforms for high-end electric motorcycles,” Bajaj Auto Executive Director Rakesh Sharma said while replying to a question during the post-Q1 earnings media briefing. Sharma said the plan is “certainly on our radar screen, and it will be announced at the right time”.

On Chetak electric scooter, he said volumes are expected to be better than Q1, which logged 6,200 units as compared to 300 units in the March quarter of the previous fiscal. Hopefully, it will be double or near double of Q1, depending upon the supply chain visibility, Sharma said.

Also Read: CCPA Issues Notice to Several Electric Two-Wheeler Makers Following Fire Incidents

Unlike the business which is already running, we are very careful in calibrating the expansion of our geographical footprint, he stated. At present, the total bookings for the vehicle stand at over 16,000, he said.

The e-Chetak is currently available across 27 cities which Bajaj Auto plans to take to 100 cities, according to him. He said the festive season last year was satisfactory and it is expected to be decent this year unless inflation comes into play.

Read all the Latest News and Breaking News here

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