Bajaj, KTM Joins Forces To Make Electric Mopeds, e-Scooters In India; Find Out Expected Features
As the EVs by Tata Motors, Hyundai are gaining popularity in the country, Bajaj Auto and KTM are all set to produce mopeds which will be lightweight and will be armed with electric drivetrains in India.
Read to find out more…
New E-Mopeds By Bajaj Auto and KTM!
The plan will be part of the group’s product strategy to bring in several new two-wheelers for domestic as well as overseas markets. The report suggests that both zero-emission scooters and e-bicycles are part of the agenda and hence they will use low capacity electric motors.
The production of the electric mopeds will get off the ground from 2022 onwards at Bajaj Auto’s production facility in Pune. However, the introduction of the e-mopeds in Indian market is yet to be revealed.
In FY20, Pierer Mobility Group, a manufacturer of powered two-wheelers and Bajaj Auto conducted a developmental project for Powered Two Wheeler (PTW) electric vehicles. They were in the range between 3 kW (4 hp) and 10 kW (13.4 hp) in a low voltage range of 48 V. The new architecture in question will be modular and address various product series including mopeds, scooters and motorised bicycles.
Bajaj Auto And KTM Speeding Their Way Into the Moped Market?
TVS Motor Company continues to be Bajaj Auto’s main rival as it dominates the moped segment with the XL range and it has a monopoly status with consistent sales numbers for several years. The TVS XL series appeals to the masses due to its affordable nature and load-carrying capacity with high mileage. The vehicles produced will be sold under both the companies according to Pierer Mobility’s annual report .
Stefen Pierer, Chairman of the executive board, Pierer Mobility as well as CEO of KTM AG, addressed its shareholders by saying “various product variants in the segment of electric scooters will be produced from 2022 under both the brands of both partners“.
Bajaj has played an integral role in KTM’s success in recent years which can be seen to be continued in the future. KTM’s subsidiary Husqvarna entered the Indian market earlier in 2020 and the production of the low capacity models are being carried out at the Bajaj Auto Production facility, Pune. The Chetak electric scooter will be shipped by Bajaj to KTM for sales in the European continent. The companies also have high capacity performance electric motorcycles in the sector.
The two companies seem to be uplifting each other in various markets in many countries. Can this spell trouble for TVS and other moped companies?