October 16, 2024

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Pierer Mobility AG & Bajaj Auto partners to develop electric two-wheelers

Pierer Mobility AG & Bajaj

Pierer Mobility AG & Bajaj Auto partners to develop electric two-wheelers

Pierer Mobility AG and Bajaj Auto Limited have partnered to develop electric two-wheelers. They are strengthening their 15-year long strategic cooperation to develop electric two-wheelers to meet the growing demand for innovative e-mobility solutions.

Pierer Mobility AG & Bajaj Auto 

“PIERER Mobility AG and Bajaj Auto Limited originally joined forces to make a sizeable and relentless footprint in the international motorcycle industry and, as the partnership successfully reaches almost fifteen years of existence, the two companies have decided to jointly explore the zero tailpipe emissions, low maintenance, and long-lasting benefits of light electric vehicles in urban settings and dense metropolitan areas,” it said.

“The initial output from this manufacturing impetus will see the first of these shared platform vehicles beginning of 2022,” it added. The companies are also working on the development of high-end electric motorcycles.

The companies are also working on the development of high-end electric motorcycles. Pierer Mobility is the largest manufacturer of street bikes in Europe while Pune-based Bajaj Auto is India’s second-largest two-wheeler maker.

Bajaj Auto announced an investment of Rs 650 crore for setting up a new manufacturing plant in Pune.

“This renewed strategy will centre on the development of common electric platforms to deliver the advantage of scale, regarding all critical components, allowing both companies to quickly and effectively adapt to evolving customer needs globally,” Bajaj Auto said in a statement.

Bajaj Auto & Yulu join hands to bring a micro-mobility revolution. Yulu is the largest shared e-mobility service provider, to transform urban commute in India.

In 2020, Bajaj Auto and its Austrian partner KTM have included electric mopeds in their multi-product line-up. These e-mopeds will be manufactured in India and are exported to other markets.

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