Bajaj Chetak Gets Dearer By Rs 22,000 As FAME II Subsidy Reduced - Details

The price of the Bajaj Chetak electric scooter has recently increased, similar to other electric scooters on the Indian market. The change comes after the government's FAME II subsidy was reduced. The Bajaj Chetak has seen a price increase of Rs 22,000, translating into a new price of Rs 1.44 lakh (ex-showroom). The Chetak was previously available for Rs. 1.22 lakh as ex-showroom pricing. Read the details below.

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Bajaj Chetak Price Hike

The recent price hike is due to the government's dropped subsidies offered under the new FAME II programme. The Chetak was previously given a subsidy of Rs 43,500, but that amount has now been lowered to Rs 22,500. The subsidy is now available at a rate of Rs 10,000 per kWh rather than the prior rate of Rs 15,000 per kWh due to an updated law that caps incentives at 15% of the vehicle's ex-factory cost.

Customers can choose from 4 distinct colours for the Bajaj Chetak electric scooter, which are available in the Premium model. This scooter has a 2.88 kWh battery pack and a top speed of 63 km/h, giving it a range of 90 kilometres. It takes roughly 4 hours to fully charge the Chetak. In terms of functionality, it has an all-color LCD console with Bluetooth connectivity, OTA updates, geo-fencing, and other features that readily display vehicle information. A two-toned seat, body-colored rearview mirrors, and a satin black grab rail are additional features of the premium model.

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Verdict: The recent decrease in the FAME II subsidy is likely to discourage some of prospective buyers of electric two-wheelers. This reduction has impacted all manufacturers of electric two-wheelers, leading to price increases across the board for nearly every EV producer. You can join our 91Wheels Whatsapp Group for all of such latest updates from the automotive industry.