Bajaj Auto

Bajaj Auto is intensifying its presence in India’s fast-growing electric mobility market with the nationwide expansion of its Riki e-rickshaw to 200 cities. The company aims to leverage the surge in demand for efficient, low-cost last-mile transportation while strengthening its sales and service ecosystem across urban and semi-urban regions. The strategic rollout reflects Bajaj Auto’s ambition to secure a stronger foothold in the electric three-wheeler segment, a category that continues to outpace other EV segments in adoption.

Bajaj Auto Ltd., one of India’s leading two-wheeler manufacturers, has announced its plan to acquire shares in Pierer Bajaj AG, the joint venture holding company that oversees investments in the high-performance motorcycle segment. This strategic acquisition reinforces Bajaj Auto’s commitment to deepening its global alliances, particularly with Austria-based Pierer Mobility AG, the parent firm of KTM, Husqvarna, and GasGas.

Bajaj Auto Ltd. shares rallied after the company reported robust sales figures for August, signaling strong momentum in both domestic and export markets. The two- and three-wheeler manufacturer recorded healthy demand across product categories, reinforcing its reputation as one of India’s most resilient automotive players. Investors responded positively to the data, driving stock gains on the exchanges.

Bajaj Auto has resumed deliveries of its flagship Chetak electric scooter after a temporary pause caused by supply-chain bottlenecks. The resumption comes at a time when India’s electric two-wheeler market is witnessing accelerated adoption, driven by rising fuel costs, favorable policies, and a growing consumer preference for sustainable mobility solutions. With its strong brand heritage, the Chetak is positioned to compete with new-age EV manufacturers while capitalizing on Bajaj’s robust distribution network.

Bajaj Auto, one of India’s leading two-wheeler and commercial vehicle manufacturers, posted a modest 1% year-on-year growth in total sales for June 2025, reaching 3,60,806 units. While domestic sales contracted by 13% due to softer demand across key segments, the company's international performance stood out with a 21% surge in exports, offsetting the domestic dip. The figures highlight a shifting growth strategy leaning on global markets as domestic consumption faces headwinds.