Champions eat OATS: Rajiv Bajaj takes on EV makers with cryptic confidence1 min read . Updated: 28 Oct 2021, 03:43 PM IST
Indian electric two-wheeler space is dominated by startups.
The Indian two-wheeler space is witnessing increasing penetration of electric vehicles. In the last few years, several startups have emerged in the ever-expanding electric two-wheeler space. EV startups such as Ather Energy, Torq, SmartE have been dominating the electric two-wheeler space.
Recently, Ola Electric's entry into the segment has changed amplified the startups' role in the segment. However, Bajaj Auto Managing Director Rajiv Bajaj is not keen to give importance to them. Rather, he bets big on Bajaj Auto, Royal Enfield and TVS Motor Company for the growth of electric two-wheelers in India.
During the launch of Bajaj Auto's latest addition to the popular Pulsar portfolio, the all-new Bajaj Pulsar 250, Rajiv Bajaj said that if he has to on some companies, he would bet on BET, which stands for Bajaj, Enfield and TVS, not on the EV startups like Ola, Ather, Torq or SmartE. "If I had to bet on somebody I would bet on BET. We are champions. What do champions eat? Champions eat oats," said Rajiv Bajaj.