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Bajaj Auto's electric Chetak to roll out in Europe by early 2024

Company's Chakan plant has just produced its 1 millionth KTM bike

Stefan Pierer, CEO, Pierer Mobility, Rajiv Bajaj, MD and CEO, Bajaj Auto, and Gerald Kiska, founder and chairman, Kiska GmbH at Chakan plant

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From left to right Stefan Pierer, CEO, Pierer Mobility, Rajiv Bajaj, MD and CEO, Bajaj Auto, and Gerald Kiska, founder and chairman, Kiska GmbH at Chakan plant near Pune

3 min read Last Updated : Jan 20 2023 | 8:16 PM IST

Iconic scooter brand Chetak, which has been resurrected by Bajaj Auto in its electric avatar, will be sold in Europe by early 2024 by Pierer Mobility (the parent company of KTM).

Speaking on the sidelines of the one millionth KTM bike roll out from Bajaj Auto’s Chakan plant, Stefan Pierer, chief executive officer (CEO), Pierer Mobility, said he will take the Chetak to Europe in early 2024. “It’s a great product,” Pierer said.

He, however, added that component prices for electric batteries have gone up five-six times in the recent past. This is due to higher demand and government push to switch to electric mobility.