Bajaj sets up EV manufacturing unit
Business Standard|December 30, 2021
Bajaj Auto on Wednesday announced an investment of ₹300 crore as it commenced work at its brand-new unit at Akurdi, Pune, for manufacturing electric vehicles (EVS).
ARINDAM MAJUMDER

The unit, which is spread over an area of half a million square feet, will employ nearly 800 people and have a production capacity of 500,000 EVs a year.

"In 2001, Bajaj 2.0 took off on the roaring Pulsar. In 2021, Bajaj 3.0 has arrived on the charming Chetak. Going forward, for the Bajaj portfolio, except for implementing one state-of-the-art ICE platform that is currently under development, all our R&D resources are now laser-focused on creating EV solutions for the future. This alignment reflects our belief that light EVs for sustainable urban mobility is an idea whose time may finally have come," Rajiv Bajaj, managing director, Bajaj Auto, said.

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