The Bajaj Chetak, the first electric scooter to come from Bajaj Auto and the reborn avatar of the iconic Chetak as a zero-emission vehicle, has crossed the 700,000 cumulative sales milestone since launch in January 2020. As per the Vahan portal, retail sales of the Bajaj Chetak from FY2021 through to the first 36 days of FY2027 (April 1-May 6, 2026) are 727,779 units. This makes it only the third electric 2W OEM to achieve the 700,000 e-2W retail sales after Ola Electric and TVS Motor Co.
The Bajaj Chetak’s new retail sales milestone comes even as the company has recently launched the updated Chetak line-up with new features, higher top speeds and a revised ‘C Series’ naming structure and has also reported record performance in FY2026 across volumes, revenues, profits as well as cash generation.
As the retail sales data table above depicts, cumulative sales between FY2020 to FY2024 were 150,756 units or 21% of the 727,779 units sold to date. The bulk of the sales – 79% or 577,023 units – have come from FY2025 till the first 36 days of FY2027.
While sales in the initial years were tepid, demand for the Chetak rose strongly in FY2025 when 239,087 units were delivered to customers, up 114% YoY (FY2024: 111,713 units) and giving it the No. 3 rank after Ola Electric (359,784 units) and TVS Motor Co (252,832 units). FY2026 saw the Bajaj numbers rise 25% YoY to 298,436 units, which made it the No. 2 e2W OEM for the first time in a fiscal year, behind market leader TVS (35,406 units) and ahead of Ather Energy (251,346 units).
The rapid rise in the Bajaj Chetak’s sales is reflected in its increasing e-2W market share. In FY2023, the Chetak (29,963 units) had a 4% share of all-India e-2W sales of 761,200 units. Bajaj Auto’s e-2W share entered double-digits for the first time in FY2024 when it accounted for 11%, and then doubled it to 20% in FY2025.
FY2026 saw its market share remain unchanged at 20% albeit early into FY2027, the company has improved upon that percentage. Between April 1 and May 6, 2026, Bajaj Auto has delivered 39,500 units which gives it a 22% share of the 177,883 e-2Ws sold in India, behind TVS Motor Co (45,186 units, 25% e-2W share) and ahead of Ather Energy (32,434 units, 18% e-2W share) and Hero Vida (18,112 units, 10% e-2W share).
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