In March 2025, Bajaj Chetak sold an impressive 34,863 units, making it the top-selling electric scooter in India.
This performance contributed to a record fiscal year total of 230,761 units, with a market share of 20%, nearly doubling from the previous year’s 11%. Compared to competitors, it outperformed TVS iQube (30,453 units) and Ola Electric (23,430 units), highlighting its dominance in the segment.
A comparison with key competitors reveals Bajaj Chetak’s lead.
In March 2025, TVS iQube sold 30,453 units, Ola Electric 23,430 units, Ather Energy 15,446 units, and Hero MotoCorp 7,977 units, as detailed in the following table:
| Company | March 2025 Sales | FY2025 Total Sales | FY2025 Market Share | YoY Growth |
|---|---|---|---|---|
| Bajaj Chetak | 34,863 units | 230,761 units | 20% | 116% |
| TVS iQube | 30,453 units | 237,551 units | 21% | 30% |
| Ola Electric | 23,430 units | Not specified | 18% | Not specified |
| Ather Energy | 15,446 units | 130,913 units | 11.40% | 20% |
| Hero MotoCorp | 7,977 units | 48,668 units | Not specified | 175% |
This figure, averaging over 1,124 units per day, contributed to a record fiscal year total of 230,761 units, marking a remarkable 116% year-on-year growth from the previous year’s 106,624 units.
The scooter’s market share reached 20% in FY2025.
This data from the Vahan Dashboard highlights Bajaj Chetak’s edge, particularly in monthly sales, despite TVS iQube leading in annual totals.
The Bajaj Chetak, a modern take on the iconic Chetak scooter, was launched in its 35 Series in December 2024.
It offers three variants starting at Rs 1.20 lakh, featuring a 3.5 kWh battery, a 153km range, and a top speed of 73km/h.
Its retro-inspired design, enhanced by a touchscreen console and connectivity options like live tracking and geo-fencing, appeals to urban commuters seeking eco-friendly and practical mobility.
Bajaj Chetak is doing well in the Indian electric scooter market, and there are some clear reasons for its success. First, Bajaj is a brand that’s been around for years, so people already trust it.
They’ve also built a big network of dealers and showrooms, which makes it easy for customers to find and buy the scooter.
On top of that, Bajaj offers good after-sales service, which is something buyers care about.
As for the Chetak electric scooter itself, it’s strong and well-made, plus it comes in a bunch of bright, attractive colors that people like.
Bajaj Chetak’s position as India’s best-selling electric scooter in March 2025 reflects its alignment with market trends and consumer preferences, driven by product innovation and supportive policies.
Its performance underscores the growing adoption of electric mobility in India, positioning it as a leader in the sector’s evolution.
The Indian electric scooter market is experiencing significant growth, projected at a CAGR of 33.25% from 2025 to 2034, driven by rising fuel prices, environmental concerns, and government incentives like the Electric Mobility Promotion Scheme (EMPS) 2024.
This post was last modified on April 4, 2025 11:14 am
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