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.
This story is from the December 30, 2021 edition of Business Standard.
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This story is from the December 30, 2021 edition of Business Standard.
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