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Bajaj Chetak E-Scooter Price Reduced by Rs 22,000 for Limited Period, Now Costs Rs 1.30 Lakh

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). 

By Reetika Bhatt

22 Aug, 2023

3 min read

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Bajaj Chetak 2023

Owing to a significant fall in FAME-II subsidies for electric two-wheelers, the cost of electric scooters in the country has grown to be a topic of concern for buyers. The price of Bajaj Auto's only electric two-wheeler, the Chetak, has been reduced in an effort to compete with rivals. Companies are offering more economical variants to keep their products accessible to the general public. 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, following FAME-II subsidy). This positions it near the Ola S1 Air (Rs 1.20 lakh) and the recently released Ather 450S, which also has a starting price of Rs 1.30 lakh (ex-showroom). Bajaj claimed that this is a "limited-time" offer but did not specify how long the price drop will last. Due to the restructuring of its EV supply chain and advancements being made in a number of development programs with important vendors, the manufacturer announced a price cut for the Chetak in March this year. Since Chetak's market launch at the beginning of 2020, the pricing has remained essentially the same. The Chetak's overall FAME-II subsidy, which had previously been worth Rs 43,500, was reduced to Rs 22,500 as of June 1, which led to an increase in price.

Also Read: Hero Destini 125 Prime Variant Launched in India at Rs 71,499

Bajaj Chetak: Battery Pack and Range

A 3.8kW motor and a 3kWh battery pack power the Chetak. The maximum range and top speed available with this arrangement are 108-kilometre and 60km/h, respectively. According to the manufacturer, the electric scooter has a true range of 90-kilometre on a single charge. All of this results in 5.63bhp of maximum power and 20Nm of peak torque. In addition, a standard charger requires four hours to fully charge the battery. The scooter still has 12-inch alloy wheels that are supported by a single spring in front and a single spring in the back. Braking is carried out in the meantime with a disc-drum system and CBS.

Bajaj Chetak: Design and Features

Bajaj updated the e-scooter in March this year and the new Premium Edition of the Chetak is available in three new colour options: Satin Black, Matte Caribbean Blue, and Matte Coarse Grey. A brand-new full-colour LCD display is also included with the redesigned Bajaj Chetak Electric scooter. Other product highlights include a two-tone seat, body-colored rearview mirrors, a matte black grab rail, and matching pillion footrest castings. The components of the centre trim, blinkers, and headlight housing are now Charcoal Black.

Also Read: Ola S1 X: Prices and Variants Explained

Bajaj Chetak: Market Rivals

The 2023 Bajaj Chetak Premium, which now costs Rs 1.30 lakh (ex-showroom), competes with models such as the TVS iQube and the Ola S1 Pro. 

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Bajaj Chetak

₹ 1.10 Lakh
Ex-showroom Price

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