Rahul Aggarwal’s Post

🚀 Innovation in Mobility: TVS to Potentially Launch CNG Bike Following Bajaj's Lead! 🚀 The shift towards sustainable transportation gains momentum as industry leaders embrace alternative fuels. After Bajaj Auto's recent introduction of the world's first CNG motorcycle, the Bajaj Freedom 125, TVS Motor Company is reportedly gearing up to enter the CNG segment. 🌱🏍️ Key Points: 🔹Cost Efficiency: Bajaj claims the operating cost of the Freedom 125 is 50% lower than conventional petrol bikes, offering significant savings to consumers. The CNG tank provides a range of over 200 km on just 2 kg of CNG, with an overall range of 330 km per full tank. 🔹Market Trends: TVS is exploring various technology options, including CNG, EV, and multi-fuel vehicles, to meet the diverse needs of their customers. They have already launched several variants of the TVS iQube this year. 🔹Industry Dynamics: Honda Motorcycle and Scooter India (HMSI) is also investing in alternative fuels, showcasing a flex-fuel-powered motorcycle at the Bharat Mobility Expo. Their ethanol-blend bike is designed for the Indian market, offering blending of up to 85%. 🔹Consumer Savings: Bajaj's Freedom 125 not only cuts fuel costs but also provides a significant annual saving of around ₹15,000 per consumer on fuel bills, making it a cost-effective alternative to traditional petrol bikes. The push towards alternative fuels signifies a transformative phase in the Indian automotive industry, emphasizing sustainability and consumer savings. This strategic move by leading manufacturers like Bajaj, TVS, and Honda highlights the industry's commitment to innovation and environmental responsibility. #AutomotiveIndustry #CNG #Sustainability #Innovation #BajajAuto #TVSMotor #Honda #AlternativeFuels #GreenTechnology #EconomicGrowth

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

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

Is Bajaj Auto Ltd driving alternative fuel vehicles industry? Bajaj Auto Ltd's recent success in the CNG motorcycle segment highlights the increasing demand for alternative fuel vehicles. Here are some key takeaways: - Record-Breaking Registrations: The Freedom 125 CNG motorcycle witnessed significant success post-launch, with over 8,310 registrations in October alone, marking a 68% increase from September. - Affordability Driving Demand: Priced at ₹95,000, the Freedom 125 offers a more cost-effective option compared to premium electric motorcycles, appealing to consumers amidst escalating fuel prices. - Industry Expansion: Bajaj's achievements have motivated other companies like TVS Motor Company to explore the CNG segment; however, challenges in product development may delay their market entry by up to two years. - Market Leadership: Bajaj aims to expand its CNG volumes, targeting sales of 240,000 units in FY25. Positioned as a frontrunner in the two-wheeler CNG space, the company's early market entry and robust distribution network solidify its leadership status. The success of Bajaj Auto underscores the shifting consumer preferences towards sustainable transportation solutions, paving the way for further innovations in the alternative fuel vehicle market. #CNGVehicles #ElectricVehicles #SustainableMobility #BajajAuto #AutomotiveIndustry #FutureOfMobility #AlternativeFuels

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

Revolution on Two Wheels: The World's First CNG Bike Arrives! #Innovation #Sustainability The transportation landscape just shifted gears! Bajaj Auto unveiled the Freedom 125, the world's first CNG-powered motorcycle. This groundbreaking innovation offers exciting possibilities: Eco-Friendly Choice: CNG burns cleaner than gasoline, potentially reducing emissions and contributing to a greener future. Cost-Effective Commuter: CNG is generally cheaper than gasoline, offering significant savings for riders. Dual Fuel Flexibility: The Freedom 125 comes with a small petrol tank for added convenience on longer rides. Bajaj Auto Ltd Pune Institute of Business Management

Rakesh Sharma, Executive Director, Bajaj Auto Ltd, explains the logic behind launching a CNG motorcycle. He shares that Bajaj Auto Ltd expects this to be a pivotal point in the development of the two-wheeler industry in the country. And if we have to take the government at face value, which there is no reason to disbelieve, the CNG network is going to grow even further and faster, every month 100 new pumps are being added. That means CNG will have ubiquitous availability. At this point, their estimate is only 60%, but it will go to 80%. #RideTheChange #GameChanger #BajajAuto #TheWorldsFavouriteIndian

The world's first CNG bike is here! 🚀 Bajaj Auto Ltd has just launched the World's first CNG powered bike: "Freedom 125". Key Highlights: 💰 Price: ₹95,000 (ex-showroom) ⛽ Claimed Mileage: 105km/kg of CNG, making it incredibly cost-effective for daily rides. 🛠️ Engine: 125cc engine with dual fuel capability (CNG and petrol). 🛢️ Capacity: 1.8kg CNG and 2 litres of petrol Moreover, I personally feel the design of the Freedom 125 is not just basic; Bajaj has meticulously crafted the bike to be stylish and appealing, especially to attract the youth population. Now, let's compare the savings vs. petrol vehicles: (Assuming 10-15% lesser mileage than claimed) - Petrol Cost: ₹100/litre, Mileage: 55 km/litre - CNG Cost: ₹75/kg, Mileage: 90 km/kg - Daily Running: 30 km Monthly Fuel Cost Comparison: 🚗 Petrol: ₹1,636 🚴♂️ CNG: ₹750 💸 Savings per Month: ₹886 📆 Payback Period: With a premium cost of ₹15,000 - ₹20,000 over regular petrol bikes, the additional investment can be recovered in only 17 to 23 months due to the significant fuel cost savings. Bajaj is planning to have a 40,000 CNG bikes capacity by the end of FY24 (they sold 2.2 million two-wheelers in FY24). Do you feel CNG bikes will be the next big revolution in the Indian two-wheeler industry? #BajajAuto #CNGbike #Freedom125 #Innovation #SustainableTransport #FuelEfficiency #IndianAutomobile #GreenRevolution #FutureOfTransport

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

"Kitna deti hain?" India's favourite question when it comes to automobiles now has a new answer! Bajaj Automobiles has just launched the world's first CNG-powered motorbike, setting a new benchmark in automotive innovation. It's got a 102km per kg of CNG fuel efficiency, which exceeds the mileage of conventional petrol bikes by around 50%. This revolutionary two-wheeler reduces our reliance on petrol and diesel, paving the way for a more sustainable future. While CNG is still a fossil fuel, it produces significantly less pollution compared to traditional fuels, making it a greener alternative. What makes this launch even more remarkable is that the technology is entirely homegrown, putting India on the global innovation map. Kudos to Bajaj Auto Ltd for this pioneering move that is not only a technological marvel but also a significant step towards a cleaner, greener planet. What are your thoughts on this new 2 wheeler? #Innovation #GreenTechnology #SustainableMobility #BajajAutomobiles #CNGBike #EnvironmentalImpact #MakeInIndia