FY21 Electric Sales: iQube Beats Chetak in March; Comes Closer in Annual Sales

We are also listing Chetak vs iQube overall sales since their launches in this story along with individual units dispatched this fiscal…

From this list of the top 2-wheeler manufacturers in India, TVS and Bajaj have already ventured into the electric 2-wheeler segment with iQube and Chetak – both scooters.

Both the makers are not really harping on these products and are waiting for better acceptance to EVs. This segment is mostly being pushed by start-ups which rely only on electric vehicles. It has slightly been more than a year since these two scoots have been in the market but overall sales could best be called as below average – specially considering the kind of volumes we are used to seeing for conventional scooters.

Chetak vs iQube – Overall Sales

iQube + Chetak Sales FY20 + FY212730 units

In the month of March 2021, iQube registered total wholesales of 355 units against Chetak’s 90 units. In the last financial year, a total of 2456 units of both these scooters were sold. Let’s see which one sold how many..

Chetak1395 units
iQube1061 units
chetak vs iqube

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So, as you can see, TVS is catching up with Chetak in overall sales and only 334 units separate them. It will be interesting how things pan out in this fiscal.

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Bajaj opened Chetak’s bookings recently but closed them within 48 hours as it appears to be taking limited bookings during these uncertain times. It has also revealed that more booking slots will be opened and the company will move to more cities by next quarter. Currently, it is limited to Pune and Bangalore. TVS is also selling iQube in Bangalore and Delhi only.

Note – These are SIAM shared official wholesale numbers