Business Standard

Bajaj Auto's CNG bike a bold move; customer adoption a concern: Analysts

Need to see whether two-wheeler customers are willing to shift to CNG now that a good product is in the market, they said

Union Minister for Road Transport & Highways Nitin Gadkari; Rajiv Baja, Managing Director, Bajaj auto Ltd; Rakesh Sharma, Executive Director, Bajaj Auto Ltd
Premium

Union Minister for Road Transport & Highways Nitin Gadkari; Rajiv Baja, Managing Director, Bajaj auto Ltd; Rakesh Sharma, Executive Director, Bajaj Auto Ltd

Nikita Vashisht New Delhi
Bajaj Auto CNG bike review: Bajaj Auto's foray into the CNG two-wheeler segment, though "bold", may take time to reap benefits, analysts said on Monday.?

While they do note that Freedom 125, the world's first CNG-integrated motorcycle by Bajaj Auto, marks a "significant milestone in the two-wheeler industry", they remain watchful of customer adoption.
?
"The adoption of CNG technology for personal use in passenger vehicles has, so far, been limited. We need to see whether 2W customers are willing to make this shift now that a good product is in the market," noted analysts at Motilal Oswal

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 08 2024 | 11:47 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news