Available in two variants, the 35-Series of the Chetak will be priced between INR 1.2 Lakh and INR 1.27 Lakh
The automaker said that the new EV features a lighter design and improved battery capacity of 3.5 kWh
Bajaj Auto also plans to commence exporting Chetak 35-Series to international markets by Q1 FY25 and scale up the production to 60,000 units per month in the next three months
Bolstering its electric vehicle (EV) play, Bajaj Auto has launched two new electric variants of its iconic Chetak scooter.
The automaker said that the new 35-Series of the Chetak will be priced between INR 1.2 Lakh and INR 1.27 Lakh and will feature a lighter design and improved battery capacity of 3.5 kWh.
Bajaj Auto will begin exporting Chetak 35-Series to international markets by the first quarter of the next financial year (FY25). The exports will target a dozen markets, and the company plans to launch both premium and affordable versions to cater to diverse customer needs.
“We are definitely looking at exports of the Chetak 35-Series, and are looking at a dozen markets. Exports can begin within the next 6 months or so,” Rakesh Sharma, executive director of Bajaj Auto, told reporters at the launch event.
Notably, the company also plans to scale up the production of the new series to 60,000 units per month in the next three months to meet growing demand. Further, the company said that it plans to launch more premium models of the escooter as well as affordable versions in the near future.
A Business Standard report added that the company might launch a specific model for delivery purposes but it won’t be specifically positioned at gig workers.
This comes at a time when the competition in the two-wheeler EV market in India is heating up. Most recently, Ola electric launched gig workers-focused escooters, S1 Z and Gig. Starting at INR 39,999, the models under Ola Gig directly compete with offerings from players like Yulu.
Meanwhile, after the festive season rush in October, most electric two-wheeler manufacturers experienced a decline in monthly vehicle registrations in November.
According to Vahan data, total registrations dropped over 18% month-on-month (MoM) to 1.14 Lakh units in November. However, on a year-on-year basis, registrations increased by 23.5%.
