Rajiv Bajaj lit up the electrical automobile market by hitting Ola Electrical. The Bajaj Auto boss mentioned, “Ola toh Ola hai, Chetak to shola hai”, claiming victory for the corporate's electrical scooter, Chetak, which has overtaken its rivals to grow to be the best-selling electrical scooter within the nation, in accordance with December VAHAN registration knowledge.
This comment was made on the CNBC-TV18 India Enterprise Chief Awards 2024, the place Bajaj Auto was honored because the Excellent Enterprise of the 12 months. Bajaj, reveling within the second, revealed that this milestone was shared with him earlier within the day by his son Rishabh, who has been a part of the Electrical Chetak crew for two.5 years. “This award couldn’t come at a greater time,” he mentioned.
Talking on the CNBC-TV18 India Enterprise Chief Awards 2024, the place Bajaj Auto was named Excellent Enterprise of the 12 months, Bajaj revealed this milestone. “Our Chetak electrical scooter is now the best-selling electrical scooter – not the third – within the nation,” he mentioned. The information, shared with him by his son Rishabh, a member of the Electrical Chetak crew, added significance to this distinction.
Whereas Ola Electrical maintained a market share of 24.5% in November, its gross sales fell 30% month-on-month and a couple of% year-on-year. TVS Motors adopted at 23.55%, adopted intently by Bajaj Auto at 22.59%. Nevertheless, in December, Chetak solid forward, altering the aggressive panorama.
Bajaj supported his firm's efficiency with a nod to Ralph Nader, saying, “I would like guys who like to win. If I can't have them, I would like guys who hate to lose. I'm so fortunate to have 10,000 guys who like to win or hate to lose.
As Bajaj Auto gears up for an upgraded model of the Electrical Chetak and stronger exports within the third quarter, the battle for EV dominance is heating up.
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