Bajaj Auto on Tuesday stated it’s platforms for high-end electrical bikes with its Austrian premium bike companion KTM.
The firm additionally stated it’s taking a balanced and calibrated method on the geographical growth of its Chetak e-scooter.
“We are also in discussion with KTM (and) there is a joint work going on where we are looking at platforms for high-end electric motorcycles,” Bajaj Auto Executive Director Rakesh Sharma stated whereas replying to a query in the course of the post-Q1 earnings media briefing.
Sharma stated the plan is “certainly on our radar screen, and it will be announced at the right time”.
On Chetak electrical scooter, he stated volumes are anticipated to be higher than Q1, which logged 6,200 models as in comparison with 300 models within the March quarter of the earlier fiscal.
“Hopefully it will be double or near double of Q1, depending upon the supply chain visibility,” Sharma stated.
Unlike the enterprise which is already operating, we’re very cautious in calibrating growth of our geographical footprint, he acknowledged.
At current, the entire bookings for the automobile stand at over 16,000, he stated.
The e-Chetak is at the moment out there throughout 27 cities which Bajaj Auto plans to take to 100 cities, based on him.
He stated the festive season final 12 months was passable and it’s anticipated to be respectable this 12 months until inflation comes within the play.
