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Bajaj Chetak Surpasses 5 Lakh Sales Milestone in India

Written by: Team Angel OneUpdated on: 22 Sept 2025, 6:16 pm IST
Bajaj Chetak crosses 5,00,000 unit sales in India since 2020, with 40% of sales in the last 10 months, reflecting strong electric scooter demand.
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Bajaj Chetak has achieved a major sales milestone in India by surpassing 5,00,000 units since its launch in January 2020. The e-scooter’s rising acceptance among customers has been supported by multiple variants and extensive service reach.

Bajaj Chetak’s Nationwide Sales Growth

The company has recorded a total of 5,10,000 unit sales across India, showing an impressive demand surge. Notably, over 2,06,366 units, accounting for more than 40% of the total, were sold in the last 10 months. This highlights how the Chetak has increasingly become a preferred choice among electric scooter buyers.

Earlier Milestones and Challenges

The Chetak had reached the 1,00,000 sales mark in November 2023, around 46 months after its market debut. Production faced a temporary setback due to the rare earth magnet crisis, which briefly slowed down deliveries. Despite this, the scooter managed to dominate sales ahead of competitors like the TVS iQube.

Expanding Model Lineup and Service Network

One key reason behind the growth is Bajaj’s strategy of offering multiple variants to suit diverse customers. The Chetak is currently available in 4 variants: 3001, 3501, 3502, and 3503. Buyers can choose between 3 kWh and 3.5 kWh battery options. Bajaj has also built a widespread service and sales network with over 3,800 touchpoints across India, ensuring easy accessibility.

Read More: Ola Share Price In Focus As Company Achieves 1 Million Production Milestone

Pricing and Market Appeal

The Bajaj Chetak range starts at ₹99,900 (ex-showroom), giving it a competitive edge in India’s growing EV market. The combination of attractive pricing, improved production capacity, and expanding availability is expected to push sales momentum further in the coming months.

Conclusion

The Bajaj Chetak crossing the 5,00,000 sales mark underlines the growing adoption of electric two-wheelers in India. With enhanced production, multiple choices, and a strong service presence, the Chetak continues to strengthen its position as a leading electric scooter.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Sep 22, 2025, 11:23 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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