Bajaj Electric Bike FY28: India’s leading two-wheeler manufacturer, Bajaj Auto, is now poised to take a major step into the electric mobility sector. The company has indicated that its first mass-market electric motorcycle could be launched around fiscal year 2028 (FY28). This announcement makes it clear that Bajaj no longer intends to limit itself to electric scooters but is also preparing to establish a strong presence in the electric bike segment.
Set to launch in FY28
According to the company’s Chief Financial Officer (CFO), Dinesh Thapar, development of the electric motorcycle is progressing rapidly. If everything goes as planned, it will be launched during FY28. Initially, the model will be launched in overseas markets and later made available to Indian customers.
The main thing
Bajaj’s first mass-market electric bike is expected to launch around FY28, focusing first on overseas markets and then on the Indian market.
Not just bikes, the entire EV portfolio will grow
Bajaj plans to significantly expand its electric portfolio in the coming years. This includes:
- electric scooter
- Electric Motorcycle
- Electric three-wheeler
- E-rickshaw
The company’s decision comes at a time when Delhi’s proposed EV Policy 2.0 plans to ban the registration of new petrol and CNG two-wheelers from April 1, 2028. This is likely to further intensify competition in the electric bike market.
Increase in production capacity by 20%
At present, keeping in view the increasing demand, Bajaj is going to increase its total manufacturing capacity by about 20 percent.
|
phase |
Capacity increase |
|---|---|
|
First stage |
about 10% |
|
Second stage |
Additional 10% |
|
total increase |
about 20% |
Its benefits will be available to all three categories – motorcycle, commercial vehicle and electric vehicle.
Demand for Chetak rises, production reaches 60,000 units
Bajaj is preparing to increase monthly production of its popular electric scooter, the Chetak, from 50,000 units to 60,000 units. Electric three-wheeler and commercial vehicle production capacity will also be increased by approximately 50 percent.
Quarterly results boost confidence
Report
Eye on 125cc-160cc segment too
The company has also hinted at the introduction of new models and updates in the 125cc to 160cc motorcycle segment in the near future. This strategy is underway to strengthen Bajaj’s presence in both the traditional petrol market and the electric segment.
Why is this announcement important?
The electric two-wheeler market in India is growing rapidly and the government is also encouraging EV adoption. The launch of Bajaj’s first electric bike could prove to be a turning point not only for the company but for the entire Indian EV industry.