Bajaj opens new EV manufacturing unit in Pune
Bajaj has invested Rs 300 crore in the new EV manufacturing facility.
Bajaj Auto has opened a new EV manufacturing unit, Chetak Technologies Limited, at its Akurdi plant, near Pune. It is situated in what used to be the assembly shop of the original Chetak scooter.
Bajaj has invested Rs 300 crore in the new unit. It houses R&D, Purchase, Engineering and Manufacturing departments. The factory has a capacity to produce 800 EVs per day or 2.5 lakh units per annum.
According to Bajaj, the new facility will focus only on electric vehicles. The company is said to have achieved 90% localization and has 55 vendors within 25 km of the factory.
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