Bajaj Auto and iconic British motorcycle brand Triumph on Friday formally began their non-equity global partnership to manufacture a new range of mid-capacity motorcycles in India. The bikes that would be produced under the brand will be available from 2022 and will have price starting at less than Rs 2 lakh, Triumph Motorcycles Chief Commercial Officer Paul Stroud said.
The partnership will build a new engine and vehicle platform in the mid-capacity range (200-800 cc) and offer multiple options to address different segments in this class. “The triumph brand is an iconic one the world over. So, we are confident that there will be a huge appetite in India and other emerging markets for these new products,” Bajaj Auto Managing Director Rajiv Bajaj said.
“The products that will come out of the partnership will also help attract a younger, but still discerning, customer audience and is another step in our ambition to expand globally, particularly in the fast-growing markets of South East Asia but also driving growth in more mature territories like Europe,” Triumph Motorcycles Chief Executive Officer, Nick Bloor said.
The Triumph-Bajaj collaboration will combine strength in design, technology, cost-competitive manufacturing and an intimate knowledge of key target markets to deliver a range of products and business successes, as per the pact. Apart from this, Bajaj Chetak electric scooter has finally gone official in India at the prices starting at Rs 1 lakh.
Bajaj Chetak Electric Scooter
It is to be noted that Bajaj Chetak electric scooter is the first product launched under the company’s new electric vehicle (EV) vertical, called Bajaj Urbanite. Also, Bajaj Chetak is the company’s first electric scooter in India. Bajaj Chetak is offered in two variants i.e. Chetak Urbane edition with drum brakes and the Chetak Premium edition with disc brakes.
While the Chetak Urbane edition of the electric scooter is priced at Rs 1 lakh, the Chetak Premium edition costs Rs 1.15 lakh. The Chetak will be available in six different colour options. The bookings for Bajaj Chetak Electric Scooter will open on January 15 for Rs 2,000. The first units of the e-scooter will be delivered in Pune and Bengaluru, before it is made available in major metros like Mumbai, Delhi and Chennai.
The Chetak will be sold via existing KTM outlets. The company has set-up 13 dealerships in Bengaluru and four dealers in Pune. The Bajaj Chetak electric scooter will be built at Bajaj Auto's manufacturing facility in Chakan, on the outskirts of Pune, Maharashtra, and comes with a 3 years/50,000 km standard warranty.
(With inputs from PTI)