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World’s first CNG bike: You may need seen bikes working on petrol or battery, however now quickly additionally, you will see CNG bikes available in the market. Indian firm Bajaj Auto will launch the world’s first CNG bike. The corporate goes to launch this bike within the subsequent quarter. Firm MD Rajiv Bajaj gave this data on Tuesday. ‘Bajaj CNG bike can do what Hero Honda did and that’s halve the gas price,’ he stated in an interview.
Gasoline price will likely be halved
Bajaj stated gas prices and working prices have been diminished by 50 to 65 p.c. Carbon emissions have been decrease than ICE autos. The CNG prototype noticed a discount of fifty p.c in carbon dioxide, 75 p.c in carbon monoxide and practically 90 p.c in non-methane hydrocarbon emissions.
The biggest pulsar ever
Aside from this, Bajaj Auto can also be going to launch the ‘largest ever Pulsar’ as early as FY 2025. The corporate stated that its focus stays on the section above 125 cc. Bajaj Auto can also be working rather a lot on electrical bikes. The corporate has additionally elevated its stake in electrical bike sharing platform Yulu Bikes. Bajaj has made an extra funding of Rs 45.75 crore in Yulu Bikes. With this, Bajaj Auto’s stake in Yulu Bikes has elevated to 18.8 p.c. Bajaj Auto had introduced to speculate about Rs 66 crore in Yulu Bikes within the yr 2019.
Bajaj Auto shares rise
Bajaj Auto shares closed with features on the Bombay Inventory Change on Wednesday. The inventory closed at Rs 8351.80 with an increase of 1.79 per cent or Rs 146.65. The 52 week excessive of this inventory is Rs 8,650. Whereas, 52 week low is Rs 3,692.15. The market cap of the corporate has reached Rs 2,36,506.07 crore on BSE.
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2024-03-06 03:35:33
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