Bajaj Auto to double EV capacity, launch electric Chetak scooter in September
Bajaj Auto plans to double EV production from 50,000 units/month amid rapid segment growth, with EV now contributing 30% of India revenue and a 22% market share. A new electric Chetak scooter arrives in September as the company weighs fresh factories in Tamil Nadu.
Bajaj Auto plans to double EV production capacity from 50,000 units/month, citing fast segment growth. It will launch an electric Chetak scooter in September, entering the scooter category, while weighing new factories in Tamil Nadu.
Why this matters
The capacity plan builds on Bajaj's EV momentum, with penetration recently hitting 23.1% and leading legacy OEMs, alongside a 28% June sales jump driven by a 47% export surge.
retail-company theme accelerating at +528200% QoQ.