Bajaj eyes Chetak ramp up amid EV demand depression

Bajaj Auto will step on the pedal to ramp up production and market reach of its sole electric two-wheeler Chetak over the next few months as it gears up to introduce new derivatives of the model amid segment demand stagnation.

The Pune-based company will be increasing production of the Chetak by more than 40% to 10,000 units per month in the December quarter and increase it further in the ensuing quarters, a top Bajaj Auto executive said in a post earnings call.