Citing the potential of the electric vehicles market in India, Bajaj Auto, India’s biggest three-wheeler manufacturer, has announced that it will launch its first three-wheeled EVs in the first quarter of 2023. The company will launch various types of three-wheeled electric autos to carry goods and passengers. With this initiative, the company aims to replace today’s CNG-powered autos and eventually make India an EV-focused country.
Bajaj is expected to announce the first batch of electric autos in Q1 2023. However, there’s no word on the exact date of launch. The company has been reportedly testing its innovative battery-powered electric autos for the past years and is now ready to launch the vehicle for different applications.
Baja is expected to introduce its electric autos with fixed battery technology. It means that drivers will neither be able to take out the battery for charging nor they can swap it. The company is doing this to keep the acquisition cost of the product low as the cost of batteries remains high. However, we recently saw many IIT institutions working on low-cost charging technology that could reduce the cost of EVs by up to 50%. There are chances Bajaj Auto could leverage the new technology in the future when it scales up e-Auto production in India.
