Bajaj to Launch CNG Motorcycles, Platina CNG in the Works?
Bajaj Platina 100
Rajiv Bajaj, Managing Director of Bajaj suggested that a CNG motorcycle could be a solution to reduce running Price
Bajaj Auto may launch an entry-level motorcycle running on CNG fuel. The company’s MD Bajaj hinted at this in an interview with CNBC. Bajaj said that CNG motorbikes will be cheaper both to buy and to refuel.
It can attract those buyers who cannot afford high petrol prices.
Rajiv Bajaj said that there will be no concerns for manufacturers regarding safety, range, charging and battery life in CNG bikes. Such bikes will also be very good for consumers.
This can reduce fuel cost by up to 50%. If Bajaj implements this plan, it will be the first company in India to make a fully CNG motorcycle.
Previous attempts in India involved retrofitting petrol engines with CNG counterparts. “Who knows maybe a CNG Bajaj motorcycle that halves people’s (bike) running costs would be the answer with a little help from the government,” said Bajaj (net worth of $4.3 billion, according to Forbes) in an interview with CNBC-TV18.
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Bajaj Platina 100 (ES Drum)
CNG to Help Manufacturer Revitalise Sales in Entry-Level Segment
In 2016, the government initiated a pilot program in New Delhi to test CNG-powered two-wheelers. During this pilot phase, certain food delivery services adopted CNG-fueled Honda Activa scooters.
Bajaj did not provide precise information but rejected the idea of a CNG scooter. However, it seems to be open to the idea of a CNG motorcycle. Additionally, he called upon Finance Minister Nirmala Sitharaman to consider reducing the goods and services tax (GST) on CNG vehicles to 18 percent.
The decline in sales of entry-level two-wheelers, ranging from 100cc to 125cc, has raised concerns for companies like Bajaj Auto. The Indian manufacturer has a market capitalization of approximately $18 billion (Rs 1.46 lakh crore).
This decline is attributed majorly to increasing petrol prices. Even the growing preference for electric two-wheelers plays a role here. Bajaj Auto currently markets two models in the 100cc segment, namely the Bajaj Platina 100 and the Bajaj CT 100.
The former will likely become the first recipient of the company’s CNG hardware.
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#Bajaj #Launch #CNG #Motorcycles #Platina #CNG #Works
Bajaj to Launch CNG Motorcycles, Platina CNG in the Works?
Bajaj Platina 100
Rajiv Bajaj, Managing Director of Bajaj suggested that a CNG motorcycle could be a solution to reduce running Price
Bajaj Auto may launch an entry-level motorcycle running on CNG fuel. The company’s MD Bajaj hinted at this in an interview with CNBC. Bajaj said that CNG motorbikes will be cheaper both to buy and to refuel.
It can attract those buyers who cannot afford high petrol prices.
Rajiv Bajaj said that there will be no concerns for manufacturers regarding safety, range, charging and battery life in CNG bikes. Such bikes will also be very good for consumers.
This can reduce fuel cost by up to 50%. If Bajaj implements this plan, it will be the first company in India to make a fully CNG motorcycle.
Previous attempts in India involved retrofitting petrol engines with CNG counterparts. “Who knows maybe a CNG Bajaj motorcycle that halves people’s (bike) running costs would be the answer with a little help from the government,” said Bajaj (net worth of $4.3 billion, according to Forbes) in an interview with CNBC-TV18.
You may like it : Which Bike is No 1 in India
Bajaj Platina 100 (ES Drum)
CNG to Help Manufacturer Revitalise Sales in Entry-Level Segment
In 2016, the government initiated a pilot program in New Delhi to test CNG-powered two-wheelers. During this pilot phase, certain food delivery services adopted CNG-fueled Honda Activa scooters.
Bajaj did not provide precise information but rejected the idea of a CNG scooter. However, it seems to be open to the idea of a CNG motorcycle. Additionally, he called upon Finance Minister Nirmala Sitharaman to consider reducing the goods and services tax (GST) on CNG vehicles to 18 percent.
The decline in sales of entry-level two-wheelers, ranging from 100cc to 125cc, has raised concerns for companies like Bajaj Auto. The Indian manufacturer has a market capitalization of approximately $18 billion (Rs 1.46 lakh crore).
This decline is attributed majorly to increasing petrol prices. Even the growing preference for electric two-wheelers plays a role here. Bajaj Auto currently markets two models in the 100cc segment, namely the Bajaj Platina 100 and the Bajaj CT 100.
The former will likely become the first recipient of the company’s CNG hardware.
You may like it : TVS Apache RTR 310 Overview
#Bajaj #Launch #CNG #Motorcycles #Platina #CNG #Works
