Bajaj Auto's Electric Bike to hit the market soon
Bajaj Auto's Electric Bike is expected to hit the market soon in India and is expected to be priced at around Rs 60,000 to Rs 65,000.
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Bajaj Auto Q1FY18 preview: Drop in volumes likely to put brake on profits, experts sayKey highlights:
- Bajaj Electric Bike will hit the market soon
- Bajaj E Bike is expected to cost around Rs 60,000 to Rs 65,000
- Hero Electric is one of the top producers of electric scooters in India
Bajaj Auto is expected to launch its electric bike soon. The Bajaj Electric Bike will hit the market soon, reported Sameer Dixit.
This will mark the entrance of the top two-wheeler company in India into the electrical vehicles segment.
Currently very few two-wheeler companies have been in this segment. Hero Electric is one of the top producers of electric scooters in India. The other is Avon. In terms of motorcyle Tork has introduced an electric bike recently.
The Bajaj E Bike is expected to cost around Rs 60,000 to Rs 65,000 in the market.
It was further reported that Bajaj Auto has got all the necessary approvals for the E Bike.
The company is also in talks with the government for the E Bike to be in participation with few government welfare schemes.
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