Bajaj Auto has announced that it is developing a range of CNG motorcycles, with the first bike expected to hit the market next fiscal year under a new brand. The company targets mileage-conscious consumers and is positioning the CNG bike to bridge the gap to complete electrification. Bajaj Auto's Executive Director, Rakesh Sharma, has urged the government to reduce the GST on CNG bikes to 12 percent, the same as for electric vehicles.
Bajaj Auto has a proven track record with CNG three-wheelers and is extending the option to two-wheelers. Sharma believes CNG is an excellent option for the country, society, and riders. The company plans to introduce a range of CNG motorcycles across various segments and will fill up the portfolio. While the entire range may not be launched at once, the idea is to have a portfolio of CNG motorcycles.
Sharma has said that the CNG motorcycle will be priced higher than the petrol counterpart due to the higher manufacturing cost and the special tank that offers petrol and CNG fuel options for customers' convenience. However, it will be a vehicle that customers will be proud to own and will be under a different brand.
In conclusion, Bajaj Auto is putting its money where its mouth is, and this move could be a game-changer for the two-wheeler industry. With its proven success with CNG three-wheelers and its commitment to introducing a range of CNG motorcycles, Bajaj Auto is leading toward a cleaner, more sustainable future. The government's support in reducing GST on CNG bikes could be the catalyst that ignites this transformation.
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