Bajaj Auto launches world's first CNG bike, Freedom 125 with running cost of 1 rupee per kilometer
Bajaj Auto made history by launching the world's first CNG motorcycle. Check price, features and booking details.
ZeeBiz WebTeam | Jul 05, 2024, 02:55 PM IST
Today, Bajaj Auto made history by launching the world's first CNG motorcycle. This innovative step aims to provide an eco-friendly and cost-effective commuting option for the masses.
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Launch Details
- Nitin Gadkari launched the bike at 2 PM in Pune.
- Named "Freedom 125."
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Pricing and Features:
- Price: Rs 80,000 - Rs 90,000.
- Dual fuel system: petrol and CNG.
- Running cost is half that of a petrol-only bike.
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Target Market:
Aimed at consumers with a monthly income of Rs 30,000 - Rs 35,000.
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Export Plans:
Plans to export to six countries including Bangladesh, Egypt, and Tanzania.
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Cost Comparison:
CNG bike has a higher upfront cost by Rs 15,000 compared to petrol bikes.
Annual fuel cost savings: approximately Rs 13,000.
CNG bike travel cost: Rs 0.9/km, while EV bike (Revolt RV 400) is Rs 0.34/km.