Bajaj to set up EV manufacturing unit in Pune

The new factory that will have a production capacity of 5,00,000 EVs per annum

Bajaj Auto has announced that it is setting up a new electric vehicle manufacturing unit at its Akurdi facility near Pune. The first vehicle is expected to roll out by June 2022.

Bajaj is investing Rs. 300 crore in the new factory that will have a production capacity of 5,00,000 EVs per annum. The unit is being built at the site of the original Chetak scooter factory.

According to Rajiv Bajaj, Managing Director, Bajaj Auto Ltd., the company's R&D division is now focused on creating EV solutions for the future.

The new factory will feature automated manufacturing processes using robots. It is spread over half a million sq. feet and will employ around 800 people. Bajaj Auto's vendors will invest an additional Rs. 250 crore in the project.