Pune (Maharashtra) [India], June 3 (ANI): European motorcycle producer KTM Industries AG and Bajaj Auto Ltd have decided to initiate a serial production project for two-wheeler electric vehicles in the power range of 3 to 10 kW (48 volt) at the level of KTM.
Mumbai (Maharashtra) [India], Mar 21 (ANI): Bajaj Auto International Holdings BV is in talks to offload its 48 per cent stake in Austria-based KTM AG to its parent company KTM Industries AG, which is Europe's biggest sport motorcycles producer.