Bajaj Auto Ltd Launches Riki, Extending Its Partnership With 3W Drivers, and Redefining the E-Rickshaw Segment

Bajaj Auto Ltd, the world’s most valuable two- and three-wheeler manufacturer, has announced its entry into the e-rickshaw category with the launch of Bajaj Riki. The company aims to extend its trusted partnership with drivers, offering a class-leading 149 km range, a monocoque chassis, hydraulic braking, independent suspension, and fast charging. The Riki P4005, powered by a 5.4 kWh battery, is priced at INR 1,90,890/- (ex-showroom), while the Riki C4005, with a higher certified range offering, a larger tray, and 28% gradability, is priced at INR 2,00,876/- (ex-showroom). The e-rickshaw category has been rapidly expanding, driven by demand for affordable last-mile mobility. However, it faces challenges such as low real-world range, weak durability, harsh braking, instability, and a limited service network. Bajaj Riki, designed using customer insights and rigorously tested, aims to address these challenges, delivering higher uptime, lower maintenance, safer operation, and a more comfortable ride for India’s daily, high-traffic feeder routes.