Bajaj Auto likely to advance launch of electric-3-wheelers to FY19

Bajaj Auto, country’s fourth largest two-wheeler maker, is planning to advance the commercial roll-out date for their ambitious electric three-wheeler by two years.
 
Rajiv Bajaj, MD of Bajaj Auto said at the company’s 10th AGM, “The company had made some significant gains on the product, putting Bajaj Auto in a position to possibly launch the vehicle next year itself. I have already driven the product and I am very satisfied with it. It is true that our share could have been more than what it is had more permits been issued (by states).

However, we have reason to believe that new permits of as many as 50,000 will be issued over the rest of the year,” said at the company’s 10th AGM.
 
Few electric autorickshaws are already moving in Delhi, sold by Chinese brands. They are likely to cost more than a petrol-powered three-wheeler. The company is also eyeing the electric two-wheeler segment.