Bajaj Auto Ltd.

BSE: 532977 | NSE: BAJAJ-AUTO
Large Cap | Automobile Two & Three Wheelers
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Bajaj Auto’s arm inaugurates integrated EV manufacturing facility in Pune

Date: 11-06-2022

Bajaj Auto’s wholly-owned subsidiary-- Chetak Technology has inaugurated its dedicated and integrated electric vehicle (EV) manufacturing facility at Akurdi, Pune. Chetak Technology and its vendor partners will be investing nearly Rs 750 crore in this new electric vehicle manufacturing plant. Spread in 6.5-acre of land, the 5-lakh annual capacity two-wheeler production plant, aims to cater to both domestic and export markets.

Bajaj had brought back its iconic Chetak scooter in electric avatar in October 2019. It has sold over 14,000 Chetak e-scooters since its launch, and has received more than 16,000 bookings.

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.