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KTM Industries AG, Bajaj Auto agree on new electric vehicle alliance

KTM Industries AG and Bajaj Auto have decided to initiate a serial production project for Powered two wheeler (PTW) electric vehicles in the power range of 3 to 10 kW (48 volt) at the level of KTM AG. This platform will support different product variants – scooters, mopeds, small mopeds, under brands of both partners.

This further step in the field of electro mobility is a logical addition to the existing activities with PEXCO in the HUSQVARNA e-bike sector. The serial production will start at Bajaj’s production site in Pune/India by 2022. The necessary development budget is covered in the medium-term plans.

Bajaj Auto is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.

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