Bajaj to Unleash Cheaper, High-Performance Chetak EVs by 2026

• Bajaj Auto plans a major expansion of its electric portfolio, launching a new Chetak model in January 2026, built on a new platform.
• The company aims to introduce a more affordable, entry-level Chetak variant, priced under Rs 1 lakh, to compete with Ola S1 X and TVS iQube.
• A high-performance "Sport" variant is also expected, offering higher top speed, faster acceleration, and longer range to attract younger buyers.
• Chetak recorded strong sales in October with over 16,000 units, demonstrating demand for its metal body and durability.
• Bajaj seeks to transform Chetak from a niche product into a family of variants with diverse prices and features to capture a broader EV market.

Why It Matters: Bajaj plans strategic Chetak EV expansion with new affordable and high-performance variants by 2026.