Yes, but Beedrill and Vespiquen are based on bee/wasps. And 'bug' can apply to any of the Bug types.
Anyway, I think Tesshido can become Duriron.
EDIT: 8 new Pokemon names have been revealed!
Mamepato becomes Pidove, Chillarmy becomes Minccino, Gigaiasu becomes Gigalith, Shimama becomes Blitzle, Hihidaruma becomes Darmanitan, Gear becomes Klink, Meguroco becomes Sandile (Why not Crocodune? It is about 10x better...), and Munna keeps its name. Professor Aragi also becomes Professor Juniper, and Hiun City is renamed to Castelia City.