TVS iQube Electric Beats Bajaj Chetak EV In Jan 2021 Income

TVS Iqube Vs Chetak Electric

In January 2021, TVS retailed a full of 211 units of the iQube, though Bajaj Chetak’s profits stood at only 30 models

TVS iQube experienced a very lacklustre income effectiveness in 2020, with just 290 units marketed throughout the entirety of past yr. In contrast, its major competitor, Bajaj Chetak had a lot a lot more results, with a full of 1,337 models marketed in 2020. Nevertheless, points appear a little distinct this yr, with the iQube beating the Chetak in phrases of sales in January 2021.

Very last month, TVS retailed a total of 211 units of the iQube in India. In January 2020, the scooter experienced no revenue, so there no YoY numbers to report. In December 2020, TVS iQube product sales stood at 58 models, which translates to a 263.79 for every cent Month-on-Thirty day period (Mom) gross sales progress in Jan 2021.

As for Bajaj Chetak EV, it sold a full of 30 units in January 2021. When compared to January 2020’s income figure (21 units), Chetak registered a YoY revenue development of 42.86 per cent very last thirty day period. In December 2020, the scooter experienced retailed only 3 models, which translates to a product sales progress of 900 per cent for Jan 2021.

TVS iQube Electric Test Ride Review -9

TVS iQube profits were being forward of that of the Bajaj Chetak in December 2020 as properly. The key explanation for the reduced product sales of the Chetak, on the other hand, is the creation constraint thanks to a world-wide scarcity of semiconductor chips, and not poor desire. Bajaj has presently stopped accepting contemporary bookings for its electrical scooter, and it currently has in excess of 1,500 pending orders.

Bajaj Chetak EV has a retro-influenced design, which looks fairly captivating. It attracts energy from a 3 kWh battery pack, which arrives paired with a 4.08 kW electric motor. It can supply a utmost array of 95 km on a single cost, and it usually takes close to 5 hours to thoroughly charge the battery. The Chetak is offered in two variants – Urbane and Quality – priced at Rs. 1 lakh and Rs. 1.15 lakh, respectively.

2020 bajaj chetak electric scooter-13

TVS iQube, on the other hand, has a relatively futuristic layout. It is powered by a 2.25 kWh battery paired with a 4.4 kW electrical motor, which can produce a maximum assortment of 75 km on a solitary cost. The battery can be thoroughly billed in around 5 hours. The iQube is available in a one variant only, priced at Rs. 1.15 lakh.

All charges talked about are ex-showroom