Bajaj CNG Bike: Bajaj, the motorcycle manufacturer, has announced that they will soon introduce a bike that runs on Compressed Natural Gas (CNG) in India. The Managing Director (MD) of Bajaj, Rahul Bajaj, shared this information on Friday. He also mentioned that the company is working on developing the bike’s portfolio.
Launch in June: Rahul Bajaj stated that the CNG bike will be available in the Indian market in June 2024. He further added that the bike will target cost-conscious customers who prefer affordable travel options. The bike may be introduced under a new brand name.
Higher Cost Compared to Petrol Bikes: The CNG bike is expected to be more expensive than petrol-powered bikes. This is because the production cost of the CNG bike is relatively higher than that of petrol bikes.
Engine Capacity: The specific engine capacity of the CNG bike has not been disclosed by the company. However, media reports suggest that it may range from 100cc to 160cc. The bike is also rumored to feature a digital cluster with LED lights and is expected to have disc brakes.
Company Investment: Rahul Bajaj mentioned that the company will invest INR 5,000 crores in corporate social responsibility over the next five years. This investment aims to benefit more than 20 million young individuals. It will also contribute to the growing economy of India by creating employment opportunities and promoting entrepreneurship. Rahul Bajaj also highlighted the success of the Bajaj Pulsar, which is set to surpass 20 million units sold.
How CNG Bikes Work: CNG bikes use CNG engines instead of petrol engines. The tank of the bike is filled with Compressed Natural Gas.
In summary, Bajaj is set to launch a CNG bike in India in June 2024. The bike is expected to be more expensive than petrol-powered bikes due to higher production costs. The specific engine capacity has not been disclosed, but it may range from 100cc to 160cc. The company plans to invest INR 5,000 crores in corporate social responsibility, benefiting millions of young individuals and contributing to the economy. CNG bikes use CNG engines and offer a greener alternative to petrol bikes.
