Bajaj Auto to invest ₹300 cr in new EV manufacturing plant in Pune

Bajaj Auto will be investing ₹300 crore to commence work at its new electric vehicle plant in Pune. This facility will have a production capacity of five lakh EVs per year and will employ nearly 800 people. The first vehicle from the new unit, spread over half-a-million square feet space, is expected to be rolled out by June 2022.