Bajaj Riki Launched: New Long-Range E-Rickshaws Start at ₹1.91 Lakh in India

Key Highlights

• Bajaj enters the e-rickshaw market with the Riki series.

• Two models: P4005 (149 km) and C4005 (164 km).

• Prices start at ₹1.90 lakh (ex-showroom).

• Monocoque chassis, hydraulic brakes, fast charging.

• Rollout planned across 100+ towns after pilot tests.

Bajaj Auto has officially entered India’s fast-growing electric rickshaw market with the launch of its new Bajaj Riki series. This marks a major expansion for the company beyond its traditional two-wheeler and three-wheeler business. The entry comes at a time when the e-rickshaw segment is adding more than 45,000 new vehicles every month, driven by the rising demand for affordable and reliable last-mile mobility across cities and small towns.

Also Read: Bajaj Auto to Expand E-Rickshaw Riki to 200 Cities by Q1 2026

Two New Models: Passenger and Cargo Variants

Bajaj has introduced two models under its new Riki lineup:

• Riki P4005 (Passenger Variant)

• Price: ₹1,90,890 (ex-showroom)

• Battery: 5.4 kWh

• Certified Range: 149 km (highest in passenger segment)

• Riki C4005 (Cargo Variant)

• Price: ₹2,00,876 (ex-showroom)

• Certified Range: 164 km

• Features: Larger cargo tray, 28% gradeability for steep climbs, ideal for goods movement

Both models come with fast-charging support, offering a full charge in 4.5 hours, and a three-year battery warranty.

Built to Solve Long-Standing Problems in the E-Rickshaw Segment

According to Bajaj Auto, the current e-rickshaw market suffers from several issues, including:

• Low real-world range

• Fragile chassis structures

• Lead-acid batteries are prone to corrosion

• Poor braking performance

• Stability concerns

• Limited after-sales service

To tackle these, the Riki models are built with:

• Monocoque chassis for stronger body structure

• Independent suspension for a smoother ride

• Hydraulic brakes for better stopping power

• Durable design to reduce wear and toppling risks

These features are uncommon in this category and focus on improving safety, comfort, and long-term reliability for both drivers and passengers.

Tested Across Cities, Now Expanding to 100+ Towns

Before launch, Bajaj tested the Riki extensively in Patna, Moradabad, Guwahati, and Raipur.
The company will now roll out retail operations across 100+ towns in:

• Uttar Pradesh

• Bihar

• Madhya Pradesh

• Chhattisgarh

• Assam

Bajaj is also using its strong nationwide service network to support Riki owners from day one.

Why E-Rickshaws Matter Today

E-rickshaws have become a vital part of urban mobility, acting as feeder connections to metro stations, railway stations, and city bus stops. Their importance grew even more after the Covid-19 pandemic as people sought affordable, quick, and shared last-mile transport options.

Bajaj Auto’s Leadership and Vision

Samardeep Subandh, President of Bajaj Auto’s Intra-City Business Unit, said the company aims to offer a more dependable and safer mobility option. He highlighted that drivers and commuters need reliable, high-quality vehicles as last-mile mobility becomes essential in urban transport. The Riki, he said, is designed to improve driver earnings, passenger comfort, and overall safety.

Bajaj Auto is already the world’s most valuable two-wheeler and three-wheeler manufacturer, with over 21 million motorcycles sold globally and the first in its segment to reach a ₹2 trillion market capitalization. The launch of Riki marks another strategic step in expanding its footprint in India’s electric mobility sector.

Also Read: Mahindra Inaugurates 97th Truck and Bus Dealership in Hisar, Expands Service Network in Haryana

CMV360 Says

Bajaj Auto’s entry into the e-rickshaw market with the Riki series marks a major shift in India’s last-mile mobility landscape. With long driving range, safer chassis engineering, better braking, and faster charging, Riki aims to solve the long-standing issues faced by drivers and commuters. Backed by Bajaj’s strong service network and large-scale rollout plan across 100+ towns, the Riki models are set to become a reliable and profitable choice for urban transport.