Bajaj Auto announces a new Electric Vehicle manufacturing unit for India and exports at Akurdi (Pune)_ vehicles to roll out by June 2022

Bajaj Auto announces a new Electric Vehicle manufacturing unit for India

Bajaj Auto Limited, also termed as ‘The World’s Favourite Indian’, announced an investment of Rs 300 Crore and commenced work at a brand-new unit at Akurdi for manufacturing Electric Vehicles. This unit will have a production capacity of
500,000 EVs per annum.
Akurdi (Pune) is also the site of the original Chetak scooter factory that made
Bajaj Auto is a household name in India.

Bajaj logo
Mr. Rajiv Bajaj, Managing Director, Bajaj Auto Ltd. says,
In 2001 Bajaj 2.0 took off on the roaring Pulsar, in 2021 Bajaj 3.0 arrives 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 drive train resources are now laser-focused on creating EV solutions for the future. This
alignment reflects our belief that light Electric Vehicles for sustainable urban mobility is an idea whose time may finally have come.

Thus, this investment at Akurdi completes the virtuous cycle of hi-tech R&D competencies, high-efficiency engineering capabilities, world-class supply chain synergies, and a global distribution network which should leapfrog us into a market-leading
position in EVs in India and overseas.
The new unit will have cutting-edge robotic and automated manufacturing systems for everything including logistics and material handling, fabrication and painting, assembly, and quality assurance.
These systems have been designed for flexible product mix while keeping in
mind the best worker ergonomics and maximum process efficiency. It is spread
over half a million sq. feet and will employ 800 personnel.

The investments made by Bajaj Auto will be supplemented by a number of vendors, who will invest a
further Rs 250 Cr. The first vehicle from this unit is expected to roll out by June 2022.

This new EV manufacturing unit at Akurdi is co-located with Bajaj Auto’s state-of-the-art R&D center to foster greater collaboration, leading to a faster time-to-market. It will transform Bajaj Auto’s Akurdi facility into a hub for design,
development and manufacturing of a complete range of Electric Vehicles.
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