Bajaj begins work to set up EV production plant
The New Indian Express|December 30, 2021
₹300-cr unit to make 5 lakh EVs; first vehicle expected by June ‘22

FACING competition from newcomers such as Ola Electric and Ather, Bajaj Auto is investing 300 crore in expanding its electric vehicle (EV) manufacturing capacity.

Bajaj informed that it has commenced work at a brand-new unit at Akurdi, which will have a production capacity of 5,00,000 EVs. The first vehicle from Bajaj's new unit is expected to roll out by June 2022.

Continue reading your story on the app

Continue reading your story in the newspaper

MORE STORIES FROM THE NEW INDIAN EXPRESSView All

Government to float Eol for IDBI Bank by June-end

Currently, it enjoys certain relaxations being a state-run bank

1 min read
The New Indian Express Chennai
May 27, 2022

Govt schools get 'happy' feedback

National survey finds most students of govt schools like going for classes and feel safe

1 min read
The New Indian Express Chennai
May 27, 2022

Compete with China to keep world order, says US state secy Blinken

US Secretary of State Antony Blinken called on Thursday for vigorous competition with China to preserve the existing global order but said the United States did not seek a "Cold War."

1 min read
The New Indian Express Chennai
May 27, 2022

Akhilesh Yadav picks ally Jayant as RS candidate

Javed Ali Khan to be party's third candidate for the upper house

2 mins read
The New Indian Express Chennai
May 27, 2022

Soon, visitors can 'immerse' in history & heritage at site museums

THE Archeological Survey of India (ASI) has decided to take a giant leap towards converting museum visits into an interactive and immersive experience.

1 min read
The New Indian Express Chennai
May 27, 2022

Parts of Srinagar remain shut for 2nd day, police arrest 10 for stone-pelting

FOR the second consecutive day, parts of Srinagar observed shutdown over the life sentence awarded by the NIA court to separatist leader and JKLF chairman Yasin Malik.

1 min read
The New Indian Express Chennai
May 27, 2022

Modi terms KCR a 'superstitious person'

PM dismisses TRS as a 'family party', expresses hope that BJP will come to power in T'gana after next elections

1 min read
The New Indian Express Chennai
May 27, 2022

Bengal proposes to make CM chancellor of varsities

THE West Bengal cabinet on Thursday approved a proposal to appoint Chief Minister Mamata Banerjee as the chancellor of all state government universities.

1 min read
The New Indian Express Chennai
May 27, 2022

Fiercest battle rages in east, says Ukraine

4 civilians die in Donetsk shelling, another four in Kharkiv; Moscow accuses West of stopping grain-carrying vessels

2 mins read
The New Indian Express Chennai
May 27, 2022

'BJP, CONG PLAYING FRIENDLY MATCHES': BJP VETERAN JOINS AAP

JAGMAL Vala, a prominent BJP leader from the religious hub Somnath in Junagadh district joined the Aam Aadmi Party on Thursday. Vala had met Arvind Kejriwal in Delhi a few days ago.

1 min read
The New Indian Express Chennai
May 27, 2022
RELATED STORIES

Bajaj Auto aims to be a full-spectrum player

Rakesh Sharma, Executive Director of Bajaj Auto, is upbeat about the plans for electric where the Chetak has already set the ball rolling. The company will also bring its three-wheelers under the electric fold at Aurangabad. Akurdi will roll out its first electric scooter in June

5 mins read
Autocar Professional
1st May 2022

Q4FY22: A Mixed Bag of Opportunities!

As the earnings season gains momentum, investors will be eyeing quarterly results to gauge the future trajectory of stock markets at the beginning of the new financial year. Armaan Madhani analyses Q4FY22 results, highlighting the hits and misses while the DSIJ Research Team decodes the sector-wise performance of the current earnings season

10+ mins read
Dalal Street Investment Journal
May 09. 2022

Rising power demand, lower generation worsen UP crisis

INCREASED DEMAND FOR power due to rising heatwave conditions and a dwindling generation due to coal shortage in thermal plants as well as forced closure of some units for technical reasons, have further compounded the prevailing power crisis in Uttar Pradesh.

1 min read
Financial Express Mumbai
April 30, 2022

Exploring Speculative Investing

To trade (speculate) or not to trade is a difficult question faced by investors, especially when stocks tend to trade sideways for a longer duration than expected. Actually, what is better - to remain passively invested for the long term or to speculate on the basis of market directions and beat the markets to generate above average returns? Or should investors attempt to speculate and at the same time remain invested for the long term? explains one of the smartest ways to manage the dilemma

5 mins read
Dalal Street Investment Journal
April 11, 2022

Bajaj Finserv net profit surges 38% to Rs 1,346 crore in Q4

Bajaj Finserv Ltd (BFS) on Thursday reported a 37.5 per cent rise in its consolidated net profit to Rs 1,346 crore for the quarter ended March 2022.

1 min read
The Free Press Journal
April 29, 2022

Sensex slips 537 points on profit booking

DOWNWARD SPIRAL

1 min read
The Free Press Journal
April 28, 2022

Bajaj Auto Q4 profit dips 2% at ₹1,526 crore as sales drop

BAJAJ AUTO on Wednesday said its consolidated net profit declined by 2% to 1,526 crore in the fourth quarter ended on March 31, 2022, on account of lower sales in both domestic and export markets.

1 min read
The Morning Standard
April 28, 2022

Electric Mobility

With fossil fuel headed the way of dinosaurs, it's time to familiarize yourself with the key players, facts, and figures surrounding India's burgeoning electric ecosystem.

7 mins read
GQ India
April 2022

Bajaj Finance consolidated net jumps 80% to Rs 2,420 cr

Net interest income in the January-March quarter rose 30 per cent to Rs 6,068 crore

1 min read
The Free Press Journal
April 27, 2022

BAJAJ DOMINAR RANN OF KUTCH TOUR IT SALT GOOD

STRETCHING THE DOMINAR 400's LEGS ON A RUN TO KUTCH

5 mins read
Overdrive
April 2022