This analysis of these names was very informative:

https://www.reddit.com/r/baseball/comments/t1xx6g/why_bobson_and_why_dugnutt_a_deep_dive_into_why/

Not according to an interview by the creator of Pikachu, Atsuko Nishida:

“Since it was an Electric-type Pokémon, I thought ‘pika‘ [the expression of light flashing in Japanese].

https://web.archive.org/web/20211108083831/https://www.pokemon.com/us/pokemon-news/creator-profile-the-creators-of-pikachu/

Now, this technology is new to me, but I believe that’s Homer Simpson in the oven, rotating slowly. His body temperature has risen to 400 degrees. He’s literally stewing in his own juices!