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Affordable variant of Bajaj Chetak may be launched next month, price will be around Rs 1 lakh only
Bajaj Auto is going to introduce a new variant of its Chetak Electric Scooter next month. The new Chetak variant is expected to be an entry-level version and may be priced around Rs 1 lakh (ex-showroom) which will make it more affordable than the Urban variant. Bajaj Auto Executive Director Rakesh Sharma confirmed the development while speaking to the media during the company's latest earnings call.
Bajaj Auto is going to introduce a new variant of its Chetak Electric Scooter next month. Bajaj Chetak received a comprehensive update earlier this year, but with it, the prices also saw a hike.
The new Chetak variant is expected to be an entry-level version and could be priced around Rs 1 lakh (ex-showroom), making it more affordable than the Urban variant. Bajaj Chetak is currently priced between ₹1.23 lakh, going up to ₹1.47 lakh (ex-showroom, Delhi).
Rakesh Sharma, executive director of Bajaj Auto, confirmed the news to the media during the most recent earnings call. Sharma stated that the new offering will have more "mass appeal" while withholding too many specifics. A hub motor and a smaller battery pack might be included in the new entry-level Chetak to control costs, which would help the manufacturer with pricing.
