Bajaj Auto Ltd.

Bajaj auto has joined hand with Yulu, the largest shared e-mobility service provider, to transform urban commute in India. The company is investing $8 million in YULU, to compliment this strategic relationship. Yulu will source from Bajaj electric two-wheelers which have been co-designed and manufactured exclusively for shared micro-mobility.

The company will also consider facilitating the vehicle finance needs of YULU for a large scale deployment of its micro-mobility electric vehicles. This technology-driven approach is key to continuously increase operational efficiency and help reduce traffic congestion in a meaningful way.

Bajaj Auto is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.