EVs catching fire because of 'mad rush' to get into business: Rajiv Bajaj

'Upstarts and not start-ups have entered the sector'

An environment that promotes a “mad rush” to get into the electric vehicles (EV) business is more worrying than such two-wheelers catching fire, said Rajiv Bajaj, managing director of Bajaj Auto, on Friday.

Buyers will not be put off by fires because they can figure out reliable brands, but the authorities must not dilute quality norms, Bajaj told reporters after the inauguration of a Chetak Technology’ facility in Akurdi near Pune.

“What concerns me more is the environment that has promoted this mad gold rush (to get into EVs). When the flower doesn’t bloom, you don’t fix the flower, you fix the