It will likely go up against 200cc motorcycles in terms of performance.
The battery electric bike has a claimed 200 km range and 130 km/hr top speed.
Deliveries of the electric motorcycle will begin from October 2020.
They have now prioritised market expansion and setting up of new plant.
The EV start-up calls its creation the new generation electric bike which would be suitable for short journeys.
Will be built using the electric platform which is being jointly developed by Bajaj and KTM.