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Bajaj enters e-rickshaw mkt with Riki

Financial Express Chandigarh

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November 27, 2025

BAJAJ AUTO HAS entered the e-rickshaw segment with the launch of the Riki 3W on Wednesday.

- GEETA NAIR

The Riki is priced between ₹1,90,890 and ₹2,00,876 (ex-showroom).

Initially piloted in cities such as Patna, Moradabad, Guwahati, and Raipur, it will now be expanded to 100 towns across Uttar Pradesh, Bihar, Madhya Pradesh, Chhattisgarh, and Assam in Phase 1.

The e-rickshaw market remains highly fragmented, with nearly 500 brands and no dominant player. fe bureau

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