Printed On Dec 29, 2021 03:28:00 PM
The unit will probably be unfold over approx. half 1,000,000 sq. ft. and have a deliberate annual capability of 5,00,000 models.
Bajaj was the primary mainstream auto producer to roll out an electrical two-wheeler in India, and it’s now scaling up its EV journey with the announcement of a brand new EV manufacturing unit at its Akurdi facility, simply exterior Pune.
An quantity of Rs 300 crore is being invested into the unit by Bajaj, which will probably be supplemented by one other Rs 250 crore funding from various distributors. The unit will probably be unfold over roughly half 1,000,000 sq. ft., and have an annual capability of 5,00,000 EVs.
“In 2001, Bajaj 2.zero took off on the roaring Pulsar. In 2021, Bajaj 3.zero arrives on the charming Chetak,” mentioned Rajiv Bajaj, managing director, Bajaj Auto. “Going ahead, for the Bajaj portfolio, aside from implementing one state-of-the-art ICE platform that’s at the moment below growth, all our R&D drivetrain sources are actually laser targeted on creating EV options for the longer term. This alignment displays our perception that mild Electrical Automobiles for sustainable city mobility is an thought whose time might lastly have come.”
Bajaj additionally mentions that the manufacturing programs being put in on the new unit have been designed for versatile product combine. This, together with Rajiv Bajaj’s assertion, all however affirm that the corporate’s EV portfolio is anticipated to develop within the coming months and years. There appears to have been a pointy uptick in Bajaj’s dedication to electrical mobility and the primary indicators of this have maybe already been proven, with a extra reasonably priced Bajaj electrical scooter already noticed testing just lately.