Bajaj Auto says EVs contribute 30% of domestic revenue, targets half of sales
Bajaj Auto says its EV business, led by Chetak, is EBITDA-positive and already contributes 30% of domestic revenue. The company expects EVs to account for half of domestic sales in the near future while reducing management layers to four to improve agility.
Bajaj Auto says EVs already generate 30% of domestic revenue and could reach half of domestic sales soon. The company says Chetak is EBITDA-positive, Pulsar is an ₹11,000 crore brand, and it is flattening management to improve agility.