Bajaj Auto on Tuesday mentioned it’s platforms for high-end electrical bikes with its Austrian premium bike companion KTM.
The firm additionally mentioned 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 mentioned whereas replying to a query through the post-Q1 earnings media briefing.
Sharma mentioned the plan is “certainly on our radar screen, and it will be announced at the right time”.
On Chetak electrical scooter, he mentioned 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 mentioned.
Unlike the enterprise which is already operating, we’re very cautious in calibrating growth of our geographical footprint, he acknowledged.
At current, the overall bookings for the car stand at over 16,000, he mentioned.
The e-Chetak is presently obtainable throughout 27 cities which Bajaj Auto plans to take to 100 cities, in line with him.
He mentioned the festive season final yr was passable and it’s anticipated to be first rate this yr except inflation comes within the play.
Source: auto.economictimes.indiatimes.com