Bajaj set for foray into electric vehicles next year; e-scooter, quadricycle, 3-wheeler on anvil
Pune-based Bajaj Auto is planning to make a foray into electric vehicles (EV) next year, simultaneously with the migration of its conventional engine vehicles to BS-VI emission norms, its Managing Director Rajiv Bajaj said Monday.
The company plans to launch electric version of its quadricycle Qute along with electric three-wheelers next year, even as it gears up to introduce the conventional engine version of the quadricycle around March after much delay. It is also working on an electric scooter.
Bajaj Auto, which on Monday announced a new identity -- 'The World's Favourite Indian' -- to reflect its leadership position in motorcycle segment in many of the overseas markets, also said it was looking to replicate the success in its home market and increase its share.
He also said the company would bring KTM-owned 'Husqvarna' motorcycle brand to the Indian market this year with "half a dozen" products in the pipeline.
"Electric Qute and electric three-wheelers are very much on our ...