Bajaj Auto to lift Chetak e-scooter capacity to 60,000 units a month
Bajaj Auto plans to raise monthly Chetak capacity from 50,000 to 60,000 units as demand outstrips supply. The company is also targeting a roughly 20% expansion in overall manufacturing capacity, while its electric-scooter business has turned EBITDA positive.
What happened
Bajaj Auto will raise Chetak e-scooter capacity to 60,000 units monthly as demand exceeds supply. Its EV scooter business turned EBITDA positive, while total
Key facts
- Chetak capacity to rise from 50,000 to 60,000 units per month
- Electric-scooter industry volumes rose from about 120,000 monthly units in FY26 to nearly 175,000 in Q1, nearing 200,000 by end-June
- Chetak quarterly volume approached 130,000 units
- Bajaj Auto plans roughly 20% overall manufacturing-capacity expansion
- First expansion phase adds about 10% capacity in three to four months
- Second phase adds another 10% by financial year-end or early next fiscal year
- Current installed capacity is about 600,000 units per month
- Bajaj sells about 2,000 ICE vehicles monthly in Delhi
Why this matters
Bajaj’s broader manufacturing expansion and accelerating EV volumes make battery supply, charging partnerships, and selective technology or component tie-ups more strategically valuable.
What to watch
- Monthly VAHAN registrations and Chetak's market-share trend versus TVS iQube, Ola S1, Ather and Vida.
- Retail sales growth relative to the 60,000-unit monthly production target and changes in dealer inventory.
- EV business EBITDA margin progression after capacity ramp-up.
- Price cuts, promotional financing, warranty changes or new-model launches by major competitors.
- Battery-cell, motor-controller and semiconductor supply availability, plus commodity-price movement.
- Government EV incentive, charging-policy, safety-regulation and financing-policy changes.
- Evidence of Chetak export launches or incremental manufacturing-capacity announcements.
- Expand Chetak dealer footprint, especially in underpenetrated tier-2 and tier-3 cities, to match production with retail throughput.
- Add localized component sourcing and battery-pack supply arrangements to protect margins as volumes rise.
- Launch variants across price points or improve range, charging and connected features to defend against premium and mass-market competitors.
- Increase consumer-finance partnerships and exchange schemes to reduce upfront-price friction.
- Use improved EV scale to accelerate export-market evaluation, particularly in markets where Bajaj already has distributor relationships.