The Bajaj Chetak Electric scooter has become significantly costlier than before. The brand has given a whopping INR 28,000 price hike to Chetak Electric. This is the second price hike after the launch of the electric scooter. The Bajaj Chetak electric scooter made its debut with a price tag of INR 1 lakh but recently the scooter received a price hike of INR 5,000 on the premium and INR 15,000 on the Urbane. The latter in the entry-level model.
Chetak Price Hike
This means the Urbane is now INR 27,620 more expensive costing INR 1,42,620 ex-showroom. The Premium also gets a hike of INR 24,620 which means the ex-showroom price is INR 1,44,620. The new price gap also means that the Premium model will receive more demand. The Chetak Premium trim comes with the option of four colours, tan seat, metallic-coloured wheels and disc brake on the front. The Urbane features two colour options and a drum brake on the front. Powertrain and battery remain the same on both model and hence the range remains unchanged.
Bajaj Chetak Electric Sold Out
Recently, Bajaj reopened booking in two cities – Pune and Bengaluru and in just 48 hours Bajaj had to stop accepting bookings. The company was overwhelmed with bookings on the electric scooter which is currently out of stock. The brand announced that it will first review the supply situation and announce the next round of booking opportunity. While the booking for Chetak is closed customers can still register themselves on the official website. Speculations are that despite the price hike Bajaj will still run out of stock when the brand reopens the bookings. Even during the COVID-19 disruption and long waiting on the electric scooters the brand only saw very few cancellations, revealing high demand for the e-scooter.
Competition
The Chetak electric scooter with the new price competes with the Ather 450 Plus and the Ather 450 X that come with a price tag of INR 1.40 lakh and 1.60 lakh respectively. The TVS iQube now slightly undercuts the Bajaj Chetak with the price tag of INR 1.36 lakh ex-showroom.
Also Read: Bajaj Chetak bookings opened & closed in 48 hours
