Moneycontrol PRO
HomeNewsEye on indiaVideosBajaj’s ‘Urbanite’ to launch its first electric two-wheeler

Bajaj’s ‘Urbanite’ to launch its first electric two-wheeler

A brief overview of Bajaj's new project.

June 07, 2019 / 16:54 IST

After Bajaj dominated most of the Indian motorcycle market, it seems to have set sights in the brewing electric vehicle war. At a recent press conference, Rajiv Bajaj, CEO of Bajaj Auto, confirmed that we might see the company’s first e-bike “very soon”. Though that does not give us a specific date of arrival, an estimate of late 2019 to mid-2020s can be made.

As per reports on the press conference, Urbanite aims to ‘do a Tesla in the two-wheeler space.’ What that means is that since Bajaj plans to focus more on the performance aspect of the e-bikes, it is quite reminiscent of Tesla’s modus operandi. It is also expected that Bajaj will begin with a scooter, probably on the lines of Ather Energy’s S340 scooter.

The Ather S340 is a compact, electric scooter from an Indian startup, Ather Energy. It makes peak power of 4kW and a peak torque of 20Nm. At this point, it seems to be the best option for Bajaj to begin their EV race with. But because there have been no further updates from Bajaj Auto or Rajiv Bajaj as of now, we cannot go much farther than the speculation phase at this point.

Moneycontrol News
first published: Jun 6, 2019 01:44 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347