Bajaj Auto to Launch World’s First CNG Motorcycle on 5 July
The company has not given information about the specifications of the CNG motorcycle. There is speculation that it will be called Freedom 125. This motorcycle is likely to get good response from customers as it has no rivals in this segment. Bajaj Auto says that the cost of running it will be about 50 percent less than petrol-powered motorcycles. The company has a major share in the market of CNG three-wheelers. This motorcycle can have two fuel tanks. One of these will be for petrol and the other for CNG. Its motor will be compatible to run on both types of fuel. However, its price may be higher than petrol-powered motorcycles. The reason for this is the increase in its manufacturing cost.
This year the company can also introduce 400 cc single cylinder Pulsar. The company’s Chetak electric scooter is also getting good response from customers. Recently a new variant of Chetak electric scooter has been launched. It is being called Chetak 2901. Its price is Rs 95,998 (ex-showroom). It is available in White, Lime Yellow, Azure Blue, Red and Black colors.
Its ARAI range is more than 120 kilometers. Customers purchasing it will also have the option to upgrade its features with TecPac. TecPac offers features like hill hold, reverse, sport and economy modes and music control. Last month, Bajaj Auto’s sales increased by almost seven percent on year-on-year basis. The company has sold 1,77,207 units in June. In the same month last year it was 1,66,292 units. However, the company’s sales have declined compared to May. The company’s exports have decreased last month. In June the company exported 1,26,439 units. In the same month last year, the company’s exports were 1,27,357 units.
