Results for "Hero Electric"
The company sold more scooters than Hero Electric, Ampere and Ather Energy in Q1 this year.
The latest flagship scooter from the brand offers up to 100km riding range and goes on pre-order this week.
The Indian manufacturer has been accused of stealing Honda's design for its electric scooter.
The scooter was announced earlier this year but owing to the lockdown Bajaj had to change it plans.
The company will be using Etergo's expertise to offer electric products for Indian consumers.
The company is not sure about the scope of launching an electric motorcycle for around Rs 2 lakh this year.
The electric segment is still in its nascent stage despite massive push from the government. With the govt planning to set up charging stations every three km in the country (initially it may happen in cities and along major highways), the electric segment would certain to see multi-fold growth in the coming times.