Yeah! It's weird, a lot of these Pokemon do look like animals you'd find on Earth, but the name of their species is completely different. Yours looks like a Hercules beetle, but it's actually called a Heracross.

--Oh, and they have abilities that regular animals wouldn't too. Like Bolt here can produce electricity from her body. [Or rather the cute little spots on her cheeks. Bolt handily demonstrates this herself by charging her beloved trainer's pigtails with static electricity.

...Maka tries to hold a straight face, but eventually cracks a smile, cheeks reddening, and she returns Bolt to her Pokeball.]

They have personalities all their own, too.