Bajaj plans to scale up its electric vehicle business in Q4 FY, focusing on electric three wheelers and Chetak electric scooters. The company aims to expand its electric three wheeler network to 70-80 cities and increase Chetak EV sales to 15,000 units per month. Bajaj will commission a new facility for electric three wheelers and spend INR 400 crore. The future course of action depends on the FAME policy. Bajaj reported a 38% growth in Q3 FY24 with INR 2,032.62 crore PAT and INR 12,165.33 crore in total revenue. Read The Rest at :
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