Bajaj Auto Launches India's First CNG Motorcycle, Freedom 125

With rising fuel prices and increasing environmental concerns, Bajaj Auto Ltd decided to launch this CNG-powered bike. It offers dual fuel compatibility, running on petrol when CNG is not available to give convenience for bike owners across different regions in India.

Many financial analysts have said that while the bike's upfront cost might seem high compared to a traditional 125 CC bike, the potential savings in fuel expenses make it an enthralling choice for those who prioritize affordable modes of commute. According to Kotak Institutional Equities, over a usage of 60,000 kilometers, opting for the Freedom 125 could lead to substantial savings compared to conventional petrol-powered two-wheelers.

The Freedom 125 has a two-kg CNG tank providing approximately 200 km and an additional 130 km from the two-liter petrol tank, giving a total of 330 kilometers fill-up. However, challenges like queuing at CNG stations remain a consideration for prospective buyers.

Bajaj Auto's move into the CNG segment follows a successful fiscal year, where the company outperformed competitors with a 25% growth in two-wheeler sales. This performance has driven a significant uptick in the company's stock price, reflecting investor confidence in its market strategy.

Moreover, industry experts say the Freedom 125 will increase the company's auto market share and export growth, further narrowing the gap with leading industry players like Hero Motocorp.

Despite the evolution of electric vehicles in the automobile market, Bajaj Auto decided to launch CNG to address the upfront cost and infrastructure challenges faced by EVs in the nation. Moreover, even after being facilitated by government subsidies, electric two-wheelers struggle with high initial costs and infrastructure constraints.

Bajaj Auto Limited's launch of the Freedom 125 marks a significant moment in India's two-wheeler market, offering consumers a feasible alternative with evolving preferences towards economical and sustainable transportation solutions. Moreover, getting bike insurance online for Bajaj Freedom 125 will give a financial blanket against several unforeseen risks causing damage to the bike.