Hindustan Times ST (Mumbai)

Bajaj starts EV facility near Pune, takes a dig at rivals

- Press Trust of India

PUNE: Bajaj Auto managing director Rajiv Bajaj on Friday took a dig at the mushroomin­g growth of the EV startups and series of fire incidents in some electric vehicles (EVS) in the recent past, questionin­g their underlying process of manufactur­ing.

Speaking at the inaugurati­on of Bajaj Auto’s wholly-owned subsidiary Chetak Technology Ltd’s dedicated EV manufactur­ing facility at Akurdi, Bajaj said that the people who have no business to be in the business of EVS are trying to be in this space. “The issue is not the fire itself. This (such incidents) happened in the vehicles with internal combustion engines as well. The issue is the underlying process of the manufactur­ing,” he said.

He further noted that “what concerns me more is the environmen­t that has promoted this mad whole rush. Why are people who have no business to be in the business of EVS trying to get into the business? This must be fixed. Maybe, if I can say so, the relevant authoritie­s in the government have diluted norms for EVS.” It (EVS flooding the market) may partly be because of the incentives as well, he said.

“Under the guise of low-speed vehicles you can bring any chunk of vehicles from anywhere and put it on the road. You will not have these scooters catching fire? What do you expect,” he asked.

Stating that the company has kept its commitment of commission­ing this project by June, Bajaj said, this focused, integrated and agile facility is intended to power the Chetak’s ride back to the future.

“Chetak is the original ‘Make in India’ superstar, which won hearts worldwide. True to those designed-and-built-in-india roots, the electric avatar of Chetak is born out of our strong R&D, deep understand­ing of products and consumers, and decades of manufactur­ing expertise,” Bajaj said.

Chetak Technology Ltd (CTL) and its vendor partners will be investing nearly ₹750 crore in this new EV manufactur­ing facility. Spread in 6.5-acre land, the 5-lakh annual capacity twowheeler production plant is aimed at catering to both domestic and export markets, the firm said. Bajaj had brought back its iconic Chetak scooter in electric avatar in October 2019.

 ?? MINT ?? Rajiv Bajaj, managing director, Bajaj Auto.
MINT Rajiv Bajaj, managing director, Bajaj Auto.

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