Rushlane’s Report It is said that Bajaj has created a business arm for electric two-wheelers called Chetak Technology, in which the company plans to launch new low-speed and mid-speed segment products in association with the Yulu brand in the coming times. . Yulu is also an electric vehicle manufacturer, in which Bajaj had invested a few years back. The report says that although Bajaj has shed light on the company’s plans for its upcoming electric scooters, there is still no exact information available about the upcoming electric scooters.
The report speculates that the upcoming electric scooters could be based on the Chetak platform itself.
in March news came That electric two-wheeler startup Yulu has a funding plan of $100 million (about Rs 774 crore), which aims to enhance the company’s business model. The company has so far raised a fund of $30 million as equity capital.
Yulu has built the country’s largest battery as a service network with 3 million battery swaps so far. The company is planning to increase its fleet from 10,000 units to 100,000 units by the end of this year. In addition, the company will open a franchise model to reach new cities and cater to the needs of the customers.
Somehow, this business model could also benefit Bajaj for its upcoming electric scooters. Yulu will also soon introduce a new range of its electric scooters. These will come with a fourth-generation battery, which will be built on the platform of Bajaj Auto.<!–