Bajaj Auto Enters E-Rickshaw Market With Riki Launch

Inside the announcement  
According to official company disclosures and media reports, Bajaj Auto unveiled the Riki series as part of its expansion into electric mobility. The Riki P4005 offers a certified range of 149 km, while the Riki C4005 cargo variant delivers up to 164 km. Both models are equipped with lithium-ion batteries, hydraulic brakes, topple-free suspension, and can be fully charged in about 4–4.5 hours. Bajaj plans a phased rollout across India, targeting more than 200 cities by March 2026.  

Notable updates  
• Riki P4005 priced at ₹190,890; Riki C4005 priced at ₹200,876  
• Range: 149 km (P4005) and 164 km (C4005) per charge  
• Lithium-ion battery with 4–4.5 hour charging time  
• Safety features include hydraulic brakes and hill-hold assist  
• Nationwide rollout planned, with expansion to 200 cities by March 2026  

Major takeaway  
Bajaj Auto’s entry into the e-rickshaw segment marks a strategic move into sustainable last-mile transport. With competitive pricing, strong performance, and safety features, Riki is positioned to challenge incumbents and accelerate adoption of electric mobility solutions in India.  

Sources: CNBC-TV18, The Week, Zee Business