Bajaj Auto plans electric motorcycles by FY2028, expands Chetak EV capacity
Bajaj Auto expands electric vehicle portfolio and capacity, strengthening market position in growing EV segment.
Bajaj Auto announced plans to launch electric motorcycles by FY2028 and expand Chetak EV scooter capacity. This represents strategic expansion into the high-growth EV segment, addressing regulatory tailwinds and consumer demand shift. The company diversifies revenue beyond traditional motorcycles into premium electric two-wheelers. Capacity expansion signals confidence in market demand. Positive for margins and market share in electric segment.
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