New Delhi : Adoption of electric mobility in the two-wheeler segment is happening at a faster pace in India than elsewhere, supported by a favourable policy environment, but the rate of growth going ahead will depend on the continuation of incentives by the central and state governments, executives at Bajaj Auto said. Bajaj Auto executive […]
Bajaj Auto looks to expand electric vehicle portfolio – EQ Mag Pro
The first of the launches will be in the passenger segment, followed by the cargo segment. These would be available in the small and large formats. A soft launch is planned in Delhi, and then it would be rolled out across 10-15 cities. Bajaj Auto is all set to expand its electric vehicle portfolio. After […]
Bajaj Auto sets up Rs 300 crore EV manufacturing facility in Pune – EQ Mag Pro
Akurdi is the site of the original Chetak scooter factory that made Bajaj Auto a household name in India Bajaj Auto on Wednesday announced an investment of Rs 300 crore as it commenced work at its brand-new unit at Akurdi, Pune, for manufacturing electric vehicles (EVs). The unit, which is spread over an area of […]
Bajaj Auto Sets Up New Company For Electric Vehicles to Make Partnerships Easy, Have Single-Minded Focus on the Sector
Two and three-wheeler major Bajaj Auto NSE -0.29 % is setting up a new subsidiary company to handle it’s electric vehicles business for a more hands-on approach to the emerging sector and make partnerships easy. While the exact set of operations the company will handle has not been finalised, Bajaj Auto felt that it needed […]
Bajaj Auto, Pierer Mobility to strengthen e-mobility cooperation
New Delhi: Bajaj Auto and Europe”s Pierer Mobility AG are strengthening their strategic cooperation in the development of electric products in the two-wheeler sector. In a regulatory filing Bajaj Auto said that the company is strengthening its strategic cooperation with Europe”s leading manufacturer of powered two-wheeler vehicles Pierer Mobility AG, for the development of electric […]
Auto industry yet to submit study to Niti Aayog on EV transition
Hero MotoCorp, Bajaj Auto, TVS Motor Co, and Honda Motorcycle and Scooter India (HMSI) have opposed the Niti Aayog’s plan to push for 100 per cent electric vehicles by completely banning conventional two- and three-wheelers New Delhi: The automobile industry is yet to submit its report on road map to transition two- and three-wheelers to […]
Honda says adoption of electric vehicles a big challenge in India, industry needs time
In a statement, the company said the government needs to look at the impact on employment, cost of technology and availability of raw materials, among others. A day after Bajaj Auto and TVS Motor criticised government think tank Niti Aayog’s proposal to ban non-electric two- and three-wheelers, Honda Motorcycle & Scooter India said adoption of […]
Automakers run into collision with Centre’s electric vehicle plan
Companies such as Bajaj Auto and TVS Motor have objected to banning two- and three-wheelers and asked for at least four months to come up with a comprehensive plan Two- and three-wheeler manufacturers are stoutly resisting the government’s e-mobility plan. The government wants to ban internal combustion engine (ICE)-powered three- and two-wheelers (with an engine […]
Auto stocks decline post NITI Aayog’s directive on electric vehicle
So far in 2019, the Nifty auto index has slipped 14 per cent as against a 7 per cent rise in the Nifty50 index. Shares of two and three wheeler auto-makers like TVS Motors and Bajaj Auto came under heavy selling pressure during the morning deals on Monday after the government think-tank NITI Aayog gave […]
