In terms of market competition, the new Bajaj Chetak EV will continue to rival several popular e-scooter models such as the Ather 450X, TVS iQube, and the Ola S1.

While specific details about the updated Bajaj Chetak are still under wraps, a significant improvement is anticipated in the form of increased under-seat storage.

Bajaj Auto has launched the Chetak Blue 3202 in India at Rs 1.15 lakh (ex-showroom, Delhi). The new Bajaj Chetak Blue 3202 is around Rs 8,000 less expensive than the Urbane variant.

The newly launched Bajaj Chetak 3201 Special Edition has a longer range of up to 136 km but keeps the same 3.2kWh battery pack as the Premium variant.

The current price range of the Bajaj Chetak starts at Rs 1.23 lakh and goes up to Rs 1.47 lakh. All mentioned prices are ex-showroom figures.

The new 3.2kWh battery pack of the 2024 Bajaj Chetak, which has an IDC-claimed range of 127-kilometre, is the most significant modification. The Premium variant also comes with an 800W charger, enabling the Chetak to reach a range of 15.6-kilometre in just 30 minutes.

A new trademark application for the name — Vector has been filed by Bajaj Auto in India. This has prompted rumours about an upcoming electric scooter—possibly a more sporty variant of the Chetak.

The Chetak Urbane has an IDC-certified range of 113-kilometre on a full charge, although it still uses the same 2.9kWh battery pack as its predecessor. This indicates better real-world performance as it goes above the Premium variant's 108-kilometre ARAI-certified range.

The Bajaj Chetak's price has been reduced by about Rs 14,000 from its initial cost and now stands at Rs 1.30 lakh (ex-showroom). This positions it near the Ola S1 Air and the recently released Ather 450S, which also has a starting price of Rs 1.30 lakh (ex-showroom). 

The 2023 Chetak Premium Edition is now available from Bajaj Auto for Rs 1.51 lakh (ex-showroom). The bikemaker, on the other hand, has reduced the cost of the existing premium variant of the Chetak to Rs 1.21 lakh (ex-showroom).