Bajaj Chetak Retail Sales Cross 600,000 Units, 227,000 In Last 10 Months

The Bajaj Chetak, which completed six years in the domestic market last month, has clocked customer deliveries (retail sales) of over 600,000 units. As per the retail sales statistics on the Vahan portal, between January 2020 and February 12, 2026, 602,672 Chetaks have been sold in India.

As such, the Chetak accounts for a 14% share of the 4.27 million (42,75,496 units) electric two-wheelers sold in the country since January 2020 when the Bajaj Chetak was officially launched. Only arch rival TVS Motor Co (18% share) and Ola Electric (23%) have sold more e-2Ws than Bajaj Auto to date. 

As the comprehensive production, wholesale and retail sales data table below reveals, Chetak deliveries scaled a high of 231,168 units in FY2025, up 117% YoY, and accounted for 20% of the 11,50,767 e-2Ws sold in India.

In the current fiscal’s first 10 months and 12 days, Bajaj Auto has delivered 227,610 Chetaks to customers which works out to a similar 20% share of the 11,42,176 e-2Ws sold between April 2025 and February 12, 2026. 

In FY2026’s first 10 months and 12 days, Bajaj Auto has delivered 227,610 Chetaks to customers which gives it a 20% share of the 11,42,176 e-2Ws sold between April 2025 and February 12, 2026.

666,000 Chetaks produced, 662,000 units dispatched to showrooms

In tandem with growing demand, production at the Chetak’s Pune plant has been ramped up. Between January 2020 and end-January 2026, as per SIAM data, a total of 666,322 units of this e-scooter were manufactured including over half-a-million (504,130 units) in the past 22 months. 

Of this total, domestic market wholesales (or factory dispatches to dealer showrooms) are 662,043 units and exports of 1,120 units. Given the retail sales of 602,672 units in India (and exports), the resultant current inventory can be estimated to be around 62,530 units. 

The pace of wholesales has been particularly strong since FY2025, which saw total factory dispatches of 260,033 units and 125% YoY growth. In the current fiscal, Bajaj Auto has clocked factory dispatches of 240,254 units, up 14% YoY (April 2024-January 2025: 209,810 units). Combined FY2025 and FY2026 YTD (10-month) sales add up to 500,287 units or 76% of the total 662,043 units, indicative of the strong growth the Chetak has displayed over the past two years. 

Bajaj Auto needs to dispatch 59,746 Chetaks in the February-March 2026 period if it is to achieve the 300,000 milestone for the first time, in FY2026. The new C2501 could help accelerate sales.

In FY2025, the wholesales gap between the No. 1 e-2W (TVS iQube: 273,063 units) and the Bajaj Chetak (260,033 units) was 13,030 units. In FY2026, this gap currently is much more at 50,436 units (TVS iQube: 290,690 units to the Chetak’s 240,254 units.

This can be attributed to the marked decline in Chetak sales in two months – July 2025 (11,584 units, down 42%) and August 2025 (14,014 units, down 36%) solely because Chetak production was adversely impacted due to much-slowed-down supplies of heavy rare earth magnet supplies. 

C2501: New entry point to the Bajaj Chetak portfolio

Built on an all-new platform, the recently launched C2501 is the most affordable Chetak variant and costs significantly lesser than its rivals including the TVS iQube 2.0 (2.2 kWh). 

In January 2026, Bajaj Auto dispatched 28,216 Chetak e-scooters to its showrooms, up 34% YoY (January 2025: 21,045 units). Some of those include the newest avatar of the Chetak – the C2501. On January 14, Bajaj Auto launched the new and more affordable Chetak C2501 priced at Rs 87,100 (ex-showroom Bengaluru). 

Powered by a 2.5kWh battery, the Chetak C2501 has a claimed IDC range of 113km on a full charge and goes head-to-head against the TVS iQube 2.2kWh and the Hero Vida VX2 Go. The C2501, which has a top speed of 55kph, weighs 108kg, 22kg less than the other Chetak models. The aggressively priced Chetak 2501 costs Rs 20,000 less than the TVS iQube 2.0 (Rs 107,608, 2.2 kwH battery, ex-showroom Bengaluru). 

Clearly, Bajaj wants to take on India’s current best-selling scooter with the C2501 and in the process wrest the e-2W crown from the market leader. To ensure good reach across the country, Bajaj Auto continues to expand its Chetak network which now stands at nearly 400 exclusive stores and 4,000 points of sale in 800 cities. However, it’s early days yet for the new Chetak C2501 and it remains to be seen if the newest iteration of the Bajaj two-wheeled EV helps the company narrow the sales gap with rival TVS. 

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