Bajaj Auto has logged growth of over four-fold in domestic sales of its electric scooter Chetak to 36,260 units in FY23, with the easing of global semiconductor shortage. In FY22, Chetak electric scooter clocked sales of 8,187 units.
The iconic brand Chetak was re-introduced in the market as an electric scooter in FY2021. In the year ended March 2021, domestic sales of Chetak EV were at 1,395 units. The Chetak is currently sold through 105 dealers present across 84 cities.
Bajaj Auto is world’s fourth largest two and three-wheeler manufacturer. Bajaj Auto has three plants in all, two at Waluj and Chakan in Maharashtra and one plant at Pant Nagar in Uttaranchal.
Company Name | CMP |
---|---|
Bajaj Auto | 8779.40 |
Hero MotoCorp | 5091.10 |
TVS Motor | 2188.20 |
Eicher Motors | 4692.15 |
Atul Auto | 570.30 |
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