High Demand for Bajaj Chetak: The EV Market Game-Changer
Bajaj Chetak has been making waves in the electric scooter market, despite its limited availability in select cities. With high demand and a classic retro-modern design, it continues to attract customers, posing strong competition to other EV brands.
Rumors of a New Affordable Model
Recent reports suggest that Bajaj is working on a more budget-friendly version of the Chetak. Spy shots and leaked information indicate that this new model is currently undergoing testing. If these reports are accurate, this move could significantly expand Bajaj’s reach in the electric vehicle segment.
Design and Build Quality
While the new scooter maintains a similar design to the existing Chetak, noticeable differences in build quality suggest cost-cutting measures. The premium metal body of the current model may be replaced with lighter and more affordable materials, possibly impacting durability.
Performance Concerns
The test model has reportedly struggled to reach speeds beyond 40-50 km/h, indicating that Bajaj may have opted for a lower-power motor. While this may appeal to city commuters, it could limit its attractiveness to those needing higher performance.
Expected Price Range
Industry insiders predict that the new budget Chetak will be priced around ₹80,000, making it a cost-effective alternative to the premium model. This price point could attract a larger audience, including first-time EV buyers and budget-conscious consumers.
Motor Specifications
Speculations suggest that Bajaj may equip the new model with a 1.2 kW BLDC motor, which is lower in power compared to the standard Chetak. While this may help reduce costs, it could also impact speed and overall performance.
Material Composition
Due to the lower price point, the possibility of a full steel body is unlikely. However, certain key parts such as the front mudguard or fender might still be made of metal to maintain structural integrity.
Battery Cost Reduction and Market Impact
A major factor making budget-friendly EVs possible is the significant drop in battery costs. EV battery prices have decreased from ₹87,000-90,000 to ₹38,000-45,000, making electric scooters more affordable. If Bajaj successfully launches this lower-priced Chetak, it could greatly influence market dynamics, encourage wider EV adoption, and benefit everyday commuters.