Bajaj Auto Ltd remains confident about its CNG-powered motorcycles despite tepid volumes. Sales of the Bajaj Freedom 125, the only gas-run two-wheeler in the country, declined 65% year-on-year to 3,874 units in October, according to the government's VAHAN registration portal.

"I don't think we are pulling the plug on that (Freedom 125). Some of these new innovative disruptions take time to land... We are very much going to stay the course on it," Dinesh Thapar, chief financial officer of Bajaj Auto, said during a media conference call after the company announced its second-quarter earnings. Advertisement

While Bajaj Auto is optimistic about its CNG motorbike, the Pune-based automaker is also working on electric motorcycles. “There is work underway on the electrification of the Pulsar an

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