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Bajaj Chetak electric scooter sales cross 8 lakh milestone

Bajaj Chetak rear right side static in field

Bajaj Auto’s Chetak - India’s second bestselling electric two-wheeler - has surpassed the cumulative 8 lakh unit sales mark, six and a half years after it first went on sale. As per the latest data on the government’s Vahan portal, Bajaj has delivered a total of 8,00,085 e-scooters since January 2020 till June 27, 2026. This makes it only the third electric two wheeler manufacturer to surpass the 8 lakh unit retail sales mark after Ola Electric and TVS Motor Co, both of which have sold over 10 lakh electric two-wheelers.

Year

Retail sales

YoY % change

Total e-2W sales

Chetak % share

2020

1,243

-

30,144

4.12%

2021

4,765

283%

1,64,195

2.90%

2022

26,758

461%

6,61,636

4.04%

2023

75,112

181%

9,01,799

8.32%

2024

2,01,166

168%

12,14,757

16.56%

2025

2,79.685

39%

13,42,239

20.83%

2026 (Till June 27)

2,11,356

51%

9,39,659

22.49%

Total

8,00,085

 

52,54,429

15.22%

Bajaj Auto, which also manufactures EVs for Yulu, India’s largest last mile electric mobility player, and is estimated to have supplied around 30,000 low-speed electric two-wheelers to Yulu. All Chetak and Yulu models roll out of Bajaj Auto’s Chakan and Akurdi plants which have a manufacturing capacity of 4.80 lakh units per annum.

While the Chetak’s sales in the initial years were tepid mainly as a result of a nascent market and the company’s small EV-specific sales network, demand for the Chetak rose strongly in 2024 when over 2 lakh units were delivered to customers, up 168 percent YoY (CY2023: 75,112 units). This gave Bajaj Auto the No. 3 rank after Ola Electric (2,77,610 units) and TVS Motor Co (1,77,024 units). CY2025 saw the Bajaj numbers rise 39 percent YoY to 279,685 units, which made it the No. 2 e-2W OEM for the first time, behind market leader TVS (315,087 units) and ahead of Ather Energy (214,985 units).

The rapid rise in the Bajaj Chetak’s sales is reflected in its increasing market share. In 2022, the Chetak (26,758 units) had a 4 percent share of total EV sales of 6,61,636 units. Today, in the first six months of 2026, with 2,11,356 units (January 1-June 27), it has a 22 percent market share and has already achieved 76 percent of its record 2025 sales.

Halfway into CY2026, Bajaj Auto is 32,877 units behind TVS Motor Co (2,44,233 units) but ahead of Ather Energy (1,64,629 units), Hero’s Vida (1,01,996 units), Ola Electric (63,247 units) and Greaves Electric Mobility (41,803 units). Combined sales of these top six OEMs account for 8,27,264 units or 88 percent of the total 9,34,141 e-2Ws sold in CY2026 to date.

Having averaged monthly sales of over 35,000 units in the first six months of this year with robust 51 percent YoY growth, Bajaj Auto should cross the 3 lakh units sales mark by mid-August and then go on to surpass 4 lakh unit sales by the end of 2026. It will be achieving both these milestones for the first time in a calendar year.

In fact, June 2026 has turned out to be a red-letter month when it comes to electric two-wheeler manufacturers in India hitting new milestones. TVS Motor Co became the second e-2W OEM to achieve 1 million sales, Ather Energy surpassed 7 lakh unit retail sales and Greaves Electric Mobility went past 3 lakh unit retail sales



from Autocar India https://ift.tt/bXAFsge

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