Bajaj Auto may launch new brand for EV, Chetak Electric sales increasing

Bajaj Auto, one of many large car corporations, is making ready to increase its Electric Vehicle (EV) enterprise. The firm may quickly launch a new brand for EV. In this phase, the corporate has Chetak Electric, Electric Three-Wheeler and Electric Cargo Three-Wheeler.

a media Report Rajiv Bajaj, Managing Director of the corporate, has been quoted as saying that the corporate will launch new merchandise on this phase within the subsequent quarter. Bajaj Auto additionally expects sales of electrical Chetak, electrical three-wheeler and electrical cargo three-wheeler to extend. Bajaj Auto goals to extend its EV sales to round 5 lakh items within the subsequent monetary yr. The firm additionally plans to launch a new brand for EVs. The firm’s share within the electrical three-wheeler and electrical cargo three-wheeler segments is about 36 %.

Bajaj Auto will launch the new Chetak electrical scooter this week. Some enhancements could be made compared to the earlier model of Chetak Electric. Recently the corporate had launched an upgraded variant of Chetak Electric. It had a new show, extra connectivity choices and higher {hardware}. In the new model of Chetak Electric, storage could be elevated with adjustments within the chassis. The present model of this electrical scooter has solely 21 liters of cupboard space. Quilted seats got within the new Chetak 3201 Special Edition. Its top-end variant has Brooklyn Black paint. Its ARAI licensed vary is 136 kilometers on a single cost. It can attain a prime pace of 73 kmph.

This electrical scooter has been supplied with options like Bluetooth connectivity, coloration TFT instrument console and auto hazard gentle by way of Chetak app. The firm had mentioned that the Electric Mobility Promotion Scheme (EMPS) has been accepted by the Ministry of Heavy Industries of the Central Government for Chetak Premium, Chetak Urbane (3202) and the new Chetak 3201 Special Edition. Bajaj Auto launched the world’s first CNG-powered bike Freedom 125 in July. The firm has diminished the value of this bike. Its worth has been diminished by Rs 10,000. Its beginning worth at launch was round Rs 95,000 (ex-showroom). The value of operating this bike is about 50 % lower than that of petrol-powered bikes.