Bajaj Auto is developing a single-seater, low-power electric scooter for the electric mobility service startup called Yulu. In November last year, Bajaj had bought stakes worth $8 million in the bike-sharing startup, which is also the first time Bajaj has invested in any startup.
As of now, Yulu’s scooters are powered by a 48V motor, and can be driven at a maximum speed of 25 kmph, with a range of 60 km on one full charge. Riding a Yulu bike does not require the rider to have a valid driver’s license, and the company charges Rs 10 on hourly basis, to ride the bike.
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