Bajaj Auto Ltd’s Post

Exciting news from Bajaj Auto! Rajiv Bajaj, the MD of Bajaj Auto, has announced that they will be launching the world's first CNG bike in the next quarter. This innovative move opens up a whole new avenue for eco-friendly and cost-effective transportation. With the introduction of CNG bikes, even two-wheeler owners will now have access to this gaseous green fuel, providing them with the benefits of an eco-friendly and pocket-friendly option. Moreover, when powered by CBG (bio-CNG), these bikes will become a game-changer for the rural market, fostering a self-reliant rural economy by utilizing locally produced CBG. This development also calls for stakeholders in the CNG and CBG ecosystem, such as CGD companies and CBG producers, to adapt to this new customer segment. There's immense potential for CNG and CBG adoption, especially in rural areas. To accommodate this, it's crucial to consider setting up new types of CNG/CBG stations with unified Compressor-DU units, specifically tailored to service two-wheelers, and strategically placed in rural markets. The addition of two-wheelers to the CNG/CBG market adds another layer of excitement to the alternative fuel transportation sector. It's a step towards a greener and more sustainable future for all. #CNGBike #CBG #AlternativeFuel #SustainableTransportation 🛵🌱 [Disclaimer: Views expressed above are of the author in his personal capacity and not of any organization or company.]

The “Hamara Bajaj” moment every Indian should cherish. Bajaj Auto is all set to launch world's first CNG motorcycle range in 2024-25. And this is a good news for many reasons. Let's see how this development may change the landscape of Indian 2-wheeler industry - Comparison with existing options: ▶ Petrol Vs. CNG: While petrol boasts a higher energy density (more energy per unit volume), CNG is significantly cheaper than petrol, leading to long-term fuel cost savings for consumers. ▶ EV Vs. CNG: CNG infrastructure is more established than electric vehicle charging stations in many regions and refuelling is quicker than electric vehicle charging. 🌏 Environmental Benefits: As Bajaj Auto claims, CNG motorcycles could significantly reduce harmful emissions with 🔻 CO2 levels down by 50% 🔻 CO levels down by 75% 🔻 NMHC(Non-methane Hydrocarbons) levels down by 90% when compared to the existing petrol variants available in the market as per preliminary testing. 💡 What’s in it for Bajaj Auto? First-Mover Advantage: By pioneering CNG motorcycles, Bajaj Auto can capture a significant market share in regions where CNG infrastructure and cost-consciousness are priorities. Addressing EV Concerns: CNG offers a viable alternative for consumers hesitant about electric vehicles due to Range Anxiety, Charging Infrastructure and Upfront Costs Overall, Bajaj Auto's CNG motorcycle range has the potential to disrupt the two-wheeler market by offering a compelling combination of affordability, environmental benefits, and readily available fuel infrastructure. The success will depend on managing the initial cost concerns and ensuring a smooth user experience. What do think about this development? Let us know in the comments. (Image generated by AI) #ShareMarket #bajajauto #ev #India #twowheeler #bikes

Bajaj is finally launching it's first CNG bike tomorrow While the electric vehicle (EV) market is booming, Bajaj's CNG motorcycle presents a new innovation worth considering. Here are some points to ponder: Refueling: CNG pumps might have queues, but they're likely shorter than waiting for a public EV charger, especially in India. Home charging for EVs is convenient, but not everyone has access to a dedicated parking spot. Cost: Current estimates suggest similar costs for CNG and EVs. However, long-term running costs might differ depending on CNG and electricity prices. Life: Battery life in EVs does degrade over time, impacting range. CNG bikes likely avoid this concern. Resale Value: The resale value of EVs, especially scooters, is still uncertain. CNG bikes might offer more stability in this aspect. Overall, Bajaj's CNG motorcycle could be a game-changer for cost-conscious commuters in India. It'll be interesting to see how this technology fares in the market. #Bajaj #CNGMotorcycle #EVs #Innovation

Bajaj Auto is Set to Introduce the World's First CNG Bike in the Recent Months #BajajAutoCNGBikeLaunch #BajajAutoCNGTwoWheeler #BusinessNews #WorldsFirstCNGBike Bajaj Auto, one of India’s top two-wheeler manufacturers, has revealed intentions to introduce the world’s first CNG bike in the upcoming months in a historic move that will transform the automotive sector. This revolutionary move not only demonstrates Bajaj’s dedication to environmental responsibility and sustainable mobility but also represents a critical turning point in the https://lnkd.in/g6mGuYCS

Last week saw the exciting launch of Bajaj Auto Ltd ’s Freedom- the first CNG bike in the world ! This is the first disruptive innovation in the Sub-125cc category in a long time. Why is this a #strategic move for Bajaj ? #frontrunner 24 years after launching the first CNG Auto in India, Bajaj Auto commands a 87% market share in CNG Autos, giving them a first mover advantage in the CNG segment. #growth The share of CNG vehicles among 3 wheeler CVs has surged from 8% to 65% in the last three years- a clear indication of CNG’s success and popularity. #infra CNG infra is expected to grow to 17000+ stations across 300 cities by 2030. This penetration could significantly drive CNG adoption. #economics At approx 70-90 paisa/km, the cost of CNG fuel/km is almost half compared to an ICE scooter, significantly improving cost of ownership. Further, the government is proposing to bring CNG under the GST regime, which could reduce costs for the mileage-conscious customer . If Bajaj can alleviate concerns around maintenance and reliability with this new platform, the iCNG could challenge the dominance of ICE scooters, enhancing Bajaj’s market share and revolutionising the hotly-contested commuter segment. #auto #cng #2wheeler #scooters #greenfuels Sarang Kanade Manik Nangia

🏍️ How the World's First two-wheeler CNG Bikes May Revolutionize the two-wheeler Market Bajaj Auto is set to disrupt the two-wheeler market with the world's first CNG motorcycle, the Freedom 125. The groundbreaking vehicle promises to reshape the commuter bike segment. Key Highlights: 1️⃣ Eco-Friendly: Up to 26.7% less CO2 emissions than petrol bikes 2️⃣ Cost-Effective: Potential 50% fuel cost savings for consumers 3️⃣ Market Potential: Targeting 5-10% of non-rural market, boosting Bajaj's sales by 14-28% 4️⃣ Infrastructure Growth: 6,000+ CNG stations now, aiming for 17,700 by 2030 Bajaj's innovative approach addresses both environmental concerns and consumer wallets. With a dual-fuel system and rigorous safety testing, Bajaj Auto is poised to capture a significant market share in the evolving clean energy transportation landscape. Below I have attached an infographic with additional data to help understand their market position better! ⬇️ If you want to see more infographics or missed the post where I shared sample PPTs for case competitions, comment with your email ID, and I will share them directly to your inbox. #ProductManagement #Marketing #Innovation #Auto

Alternate fuel space gets interesting - as Bajaj set stage with the disruptive launch of the world’s 1st hybrid CNG motorcycle, aptly reminding of it's iconic lyrical ad “Buland Bharat Ki Buland Tasveer" simply translated as “The proud image of a strong India” The new Freedom offers :2L petrol tank (range of 65 km/L) + 2 kg CNG tank (range of 102 km/kg), providing a combined range of over 300 km. “Freedom” symbolizes liberation from various concerns of costs, commuting, charging and chaos over subsidies. Design is seamless that the CNG tank fitting is virtually invisible. It will be fascinating to see how this alternate fuel of CNG bike carves out its niche, in times when e-2W are approaching double-digit market penetration in India and its ripples in the globe! https://lnkd.in/dc78yKQ2

Yesterday, Bajaj has launched the first-ever CNG-powered motorcycle 🏍️ ⛽️ at an entry price point of INR 95,000. I have tried looking at the registration numbers across the 🇮🇳 states, for both personal cars🚗 and two-wheelers 🏍️ 🛵 , and have tried to correlate the numbers to understand the potential of CNG as a fuel type for two wheelers. India is one of fastest growing car market and there has been a significant adoption of CNG as a fuel type ⛽️. As of June in the CY 2024, CNG accounts for 13% of all new personal car sales in India. However, this figure doesn't fully capture the fuel's potential. The top five car-selling states (UP, MH, GJ, KA & HR) contribute ~75% of total CNG sales. In these states, CNG comprises ~20% of overall personal car sales, compared to the national average of 13%. This high acceptance is primarily due to the well-developed CNG infrastructure in these regions, which boast over ~3,700 CNG refueling stations, accounting for more than 50% of India's total CNG stations. Will two-wheeler customers show similar acceptance? These same five states account for ~40% of total two-wheeler sales, with UP, MH & KA being among the top markets. However, several challenges could hinder the acceptance of CNG-powered motorcycles. These challenges include long queues at filling stations, engine performance issues compared to petrol engines, and inadequate infrastructure in rural regions where motorcycles are prevalent. Despite these challenges, the low running costs, existing CNG infrastructure in urban areas, and decent CNG car penetration in these key states could significantly benefit the adoption of CNG-powered motorcycles as a kick starter. Source: VAHAN, PPAC #AutomotiveIndustry #CNG #India #carsales #motorcycle #NumbersThatMatter

Bajaj Auto is developing CNG-powered motorcycles, a new alternative for two-wheelers. While CNG bikes are not entirely new, previous attempts faced hurdles like performance issues and high costs. Bajaj's move follows its success with CNG three-wheelers. Despite rising EV popularity, Bajaj aims for mileage-conscious users with lower emissions and operating costs. Challenges include infrastructure limitations and higher initial costs. Will these bikes overcome these challenges and compete with EVs for market dominance? https://lnkd.in/gPxNhsjx

Bajaj Auto has made a significant stride with the launch of their CNG bike on 5th July. This move could indeed be ground-breaking, potentially reshaping the landscape of CNG and natural gas vehicles in India. Product leadership in such innovations requires not only dedicated individuals but also effective champions who can guide the product's direction and manage successful teams. By conceptualizing and launching the CNG bike, Bajaj Auto seems poised not only to elevate their own status but also to contribute positively to the adoption of alternative fuels in the Indian market. This initiative could set new benchmarks and lead to broader acceptance and utilization of CNG-powered vehicles, thereby promoting environmental sustainability and energy efficiency. Overall, this development highlights Bajaj Auto' proactive approach towards innovation and sustainability, which could have far-reaching implications for both the company and the CGD ( Natural Gas industry ) as a whole. How do you see this ? Bajaj Auto Ltd Rajiv Bajaj Rakesh Sharma Dr Pankaj Sharma https://lnkd.in/g4viu4dn