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Bloomberg Quint
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Bajaj Auto Poised For Growth With Chetak 35 Launch And Production Cost Cuts, Say Analysts
- Bajaj Auto has invested Rs 300 crore in its electric vehicle infrastructure.
- The company aims to increase production capacity for the Chetak model from 40,000 to 60,000 units per month.
- Over the last five years, Bajaj Auto has sold about 280,000 units of the Chetak.
- Bajaj Auto's market share in EVs has increased from 12% to around 27% in year-to-date December 2024.
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