Bajaj Urbanite will be Tesla in the two-wheeler space
Bajaj is reportedly working on ‘premium’ electric two-wheelers and three-wheelers, codenamed -‘Urbanite'. Bajaj MD Rajiv Bajaj has stated that the Urbanite will aim to, ‘do a Tesla in the two-wheeler space.’
The electric vehicles under the brand name 'Urbanite' will be sold for both for the domestic as well as international markets. Bajaj also confirmed that the electric vehicles including three-wheelers under the new franchise will go on sale by 2020.
Bajaj is not the first Indian company to show interest in the EV space.
Hero Electric has been around for over 10 years now, and has a strong network of 300 sales and service centres.
Ather Energy, a Bangalore-based hardware startup has launched India’s first electric smart scooter called S340. The S340 comes with a range of...