Leading 2W and 3W manufacturer Bajaj Auto is getting ready to introduce CNG motorcycles.
MD Rajiv Bajaj revealed plans for the production and pricing strategy of Bajaj Auto’s upcoming CNG bikes.
As we reported previously, the Pulsar NS400Z, the company’s largest ever pulse, was just launched.
Bajaj To Launch CNG Powered Bikes
In an interview with CNBC TV18, Rajiv Bajaj shared details about Bajaj’s future plans for CNG motorcycles.
Production capacity for CNG motorcycles will initially be somewhat constrained while the business gauges the market’s reaction.
CNG motorcycles have divided opinions; some are drawn to them because of the cheaper operating expenses, while others are worried about weight and balance. Bajaj intends to raise manufacturing in response to market demand after initially aiming to sell about 20,000 CNG motorcycles per month.
Given Maruti Suzuki’s 27% market share of CNG cars, there is a lot of promise for CNG motorcycles.
As per reports, five to six CNG motorcycles are planned by Bajaj, with the first one scheduled to go on sale on June 18, 2024.
CNG Motorcycles Sighted
There have been recorded sightings of the CNG motorcycles, which are currently undergoing testing. Unlike reasonably priced electric scooters, Bajaj’s CNG motorbikes are not aimed towards the entry-level market.
The CNG motorbike test mules have alloy wheels, extended seats, digital displays, knuckle guards, and disc brakes. The CNG motorcycles will be introduced by Bajaj under a new brand name; Trekker, Glider, and Marathon are among the possibilities under consideration.
The company plans to launch one or two CNG motorcycles this year, with more models to come.
Bajaj’s plans for CNG motorcycle manufacturing and expansion would be influenced by input from the market. Bajaj has a huge chance with the debut of CNG motorcycles, which might lead to exponential development.
Rajiv Bajaj stated, “The opportunity is phenomenal,” expressing confidence in the venture’s success. The possibilities are endless when done correctly.” In order to satisfy customer expectations, Bajaj is dedicated to providing CNG motorcycles with cutting-edge features and specs.
There are other possibilities being evaluated for the new brand, so the official name for Bajaj’s CNG motorcycles is still under wraps.