Chetak EV domestic sales grow over 4-fold in FY23: Bajaj Auto

Bajaj Auto’s domestic sales of its electric scooter Chetak grew over four-fold to 36,260 units in FY23, with the easing of global semiconductor shortage, according to the company’s latest annual report. In FY22, Chetak electric scooter clocked sales of 8,187 units, as per Bajaj Auto’s Annual Report for 2022-23.

“The global semiconductor shortage that affected the industry, right up to the first quarter of FY2023 also affected the Chetak. Thus, despite market demand, Bajaj Auto could not produce the quantities needed right up to the end of Q1 FY2023,” it said.

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