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Bajaj Vector electric scooter is possibly under development, recent trademark filings indicate

Jed John Ikoba — Fri, 29 Dec 2023 15:26:42 +0000

Recent trademark filings are pointing to a possible electric scooter offering by two-wheel giant, Bajaj. The Indian company has continued to enjoy global recognition and success since its partnership with KTM in 2007. Bajaj’s global presence is underscored by the KTM 390 and Husqvarna 401. Bajaj has also been entrusted with developing an electric scooter platform called the Husqvarna Vektorr.

A recent Bajaj trademark filing bearing the “Vector” name has been spotted by motorcycle website, BikeWale. This was further confirmed with the Bajaj Vector appearing on a search on India’s IP online service. The trademark appeared under Class 12 for Automobiles, Land Vehicles, Motorcycles, and Electric Vehicles. The trademark application was filed on August 16, 2023. Sources close to Bajaj have hinted that the Vector is a new electric scooter. It is however unclear whether the Vector is the same as the Husqvarna Vektorr now renamed with the Bajaj moniker.

The Bajaj Vector, if it eventually becomes a reality, will join the Bajaj Chetak, an electric scooter that has been in the market for a while. Expectedly, the Vector will offer more premium features than the Chetak and will elevate the status of Bajaj as a player in the EV two-wheeler market in India. There are already established brands in the Indian EV two-wheeler market such as Ola Electric and Ather but the launch of a new Bajaj offering could change the market outlook.

It seems Bajaj is positioning itself to tap from the growing demand for lightweight electric motorcycles in India, as well as parts of Europe and Asia. Several traditional manufacturers are incorporating EV two-wheelers into their business model. A prototype of the upcoming Bajaj e-scooter has been spotted on multiple occasions undergoing testing. It is however not certain whether the Vector is the next Bajaj e-scooter offering or if the company is just trying to safeguard the name for future use.

Bajaj Chetak electric scooter is now available in 20 Indian cities

Sudhanshu — Fri, 18 Feb 2022 12:18:55 +0000

Back in January 2020, Indian auto giant Bajaj launched its first electric scooter dubbed the Bajaj Chetak. Till now, the scooter has been available only for Bangalore and Pune-based customers. However, a wider customer base can now enjoy this EV as Bajaj has made it available in 20 cities across the country.

The move comes in an attempt to boost the sales of the 2020 Chetak electric scooter which received a lukewarm reception due to its relatively high price tag compared to its specs, features, and performance. The EV is now available to pre-book in Coimbatore, Madurai, Kochi, Kozhikode, Hubli, Visakhapatnam, Nashik, Vasai, Surat, Delhi, Mumbai, and Mapusa. The Chetak 2020 currently has a waiting period of four-eight weeks and can be booked online from the Bajaj chertak website or via an offline dealership.

Bajaj can even be said to expand the presence of its electric scooter in preparation for the upcoming Chetak 2022 model which is said to launch in the coming days and will have better essential features that are missing in the 2020 model like fast charging while also being positioned at a lower price point than its predecessor.

Bajaj Chetak Electric

Reports have also stated that the Bajaj Chetak electric scooter 2022 model will be completely manufactured in India and is rumored to feature an improved motor that is capable of delivering 4.2kW of peak power and a continuous output of 4.0kW.

To recall, the Bajaj Chetak 2020 features an IP67 rated electric motor capable of producing 4.08kW of peak power and continuous output of 3.8kW. This gives the EV a top speed of 60kmph and the 3kWh lithium-ion battery pack provides a real-world range of 95km in Eco mode and 85km in Sport mode. The Chetak gets a front trailing link suspension, and 12-inch alloy wheels fitted with MRF Zapper tires. The 2020 Chetak Urban comes with an Ex-showroom price of Rs. 1 lakh while the Chetak Premium costs Rs. 1.15 lakh.

Bajaj Auto plans to launch its first electric auto rickshaw by Q1 2023

Jed John Ikoba — Tue, 01 Feb 2022 18:03:39 +0000

The impressive financial incentives put in place by both the central and state governments in India in support of electric vehicle manufacturing have seen demand increase significantly for EVs. India’s biggest manufacturer of three-wheeled vehicles, Bajaj Auto has announced that it will be unveiling its first electric three-wheeler autorickshaw in the first quarter of 2023. Bajaj aims to develop a lineup that covers the cargo, small passenger, and large passenger segment, but will begin with a small passenger electric three-wheeler.

Bajaj Auto has been testing its battery-powered three-wheelers for a few years and was close to unveiling its first electric vehicle before the coronavirus pandemic slowed its outlook and expectations. According to Rakesh Sharma, Bajaj Auto’s Executive Director, the company is getting close to the final stages of the development of the electric three-wheeler vehicle. It hopes to seek and obtain approvals from the relevant regulatory bodies by the end of 2022, paving way for the launch of the EV by the first quarter of 2023.

Bajaj Chetak Electric

Recent industry data indicate that Bajaj Auto has a 62% market share of the traditional three-wheeler market in India. Bajaj also boasts of a substantial dominance across several countries where three-wheelers are the major part of the transportation and logistics architecture. Apart from the passenger three-wheeler slated for early 2023, Bajaj plans to progressively cover the cargo, small passenger, and large passenger segments. It hopes to draw from its strong customer base to leverage the electric three-wheeler EV when it is released. Bajaj says that its extensive dealer networks will provide the needed backbone that could drive the demand for its new three-wheeler. In addition, the new three-wheeler EV will have telematics, real-time data for efficient fleet management and optimization.

Bajaj hopes to install fixed battery technology in the cars, as it feels swappable technology may not be viable at this time, with affordable cost considerations also in the mix. Subsequent models may come with swappable battery technology when there is a significant degree of saturation in the market.

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Bajaj Chetak 2022 may launch soon at an affordable price

Pranav Sawant — Fri, 07 Jan 2022 13:07:40 +0000

Last month, Bajaj announced Rs. 300 crore investment for its new electric vehicle plant in Akurdi, Pune, India. The company has planned to manufacture over 5 lakh EVs per year at full capacity. It will indeed reduce the manufacturing costs, as the EVs will be built with local components, hence reducing the price. Now, following up with this news, a report reveals that the upcoming Bajaj Chetak 2022 could launch soon and might be an affordable option in the market.

Bajaj is said to completely manufacture its upcoming electric vehicles in India. The report cites that the new Bajaj Chetak will be able to deliver a 4.2kW peak power and a continuous output of 4.0kW. This is improved over the existing Chetak’s peak power of 4.08kW and continuous output of 3.8kW.

Reportedly, this time around the company may launch the Chetak 2022 with localized components which may reduce its price. To recall, the Bajaj Chetak is priced at Rs. 1.48 lakhs, while other EV manufacturers in India are selling their EVs at around Rs. 1 lakh.

In related news, a report cited that Indian vehicle sales have seen a year-on-year growth of 240%. A total of over 50,800 EVs were bought in December 2021, which is a 21% increase from the 42,055 EVs in November. That said, this year, we expect the Indian EV market to grow even further.

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