Bajaj

Bajaj Pulsar F250Bajaj Auto has reported their highest Pulsar sales in October 2023 while it also marked the company’s highest ever domestic CV salesBajaj Auto has seen a significant increase in total domestic sales while exports ended in the red in October 2023. The company has recorded a 19 percent YoY growth in total sales (2W+CV) in October 2023 while YTD sales also improved by 3 percent during the period April to October 2023.Bajaj Auto YoY Sales October 2023Bajaj Auto Limited announced total sales (2W+CV) of 4,71,188 units in October 2023, a 19 percent YoY growth over 3,95,238 units sold in October 2022. Taking only two wheeler sales into account, there were a total of 2,78,486 units sold last month, up 35 percent when compared to 2,06,131 units sold in October 2022. There was also a MoM growth in sales when compared to 2,02,510 units sold in September 2023.Bajaj Auto Sales Oct 2023Bajaj Pulsar range that contributed most to company sales with numbers crossing the 1.61 lakh unit mark during the month. Exports on the other hand dipped 5 percent YoY to 1,29,658 units last month from 1,35,772 units shipped in October 2022. This took total 2 wheeler sales up 19 percent to 4,08,144 units from 3,41,903 units sold in October 2022.Commercial vehicle sales also grew in domestic markets by 39 percent to 51,132 units in October 2023 from 36,786 units sold in October 2022 thus making the company’s highest domestic CV sales. Exports fell by 28 percent to 11,912 units in the past month from 16,549 units shipped in October 2022. Total CV sales thus increased by 18 percent to 63,044 units from 53,335 units on a YoY basis.Bajaj Auto Sales Oct 2023 YTDTotal 2W and CV sales saw a 19 percent YoY growth to 4,71,188 units out of which there were 3,29,618 units sold in domestic markets in October 2023. This was a 36 percent YoY growth over 2,42,917 units sold in October 2022. Exports fell by 7 percent to 1,41,570 units from 1,52,321 units YoY.Bajaj Auto YTD Sales April-October 2023The positive streak across two wheeler domestic sales was seen on a YTD basis as well with 13,26,737 units sold in the April-October 2023 period, up 16 percent over 11,41,683 units sold in the same 7 month period of 2022. Exports of two wheelers however, fell by 20 percent to 8,52,320 units from 10,66,412 units shipped in the April – October 2022 period. This took total two wheeler sales down 1 percent to 21,79,057 units from 22,08,095 units sold on a YTD basis last year.In the CV space, Bajaj Auto also saw growth on the domestic front with a 90 percent YTD growth to 2,81,993 units in April-October 2023 from 1,48,445 units sold in the same period of 2022. Exports fell by 26 percent to 91,498 units in the first 7 months of 2023 from 1,23,356 units sold in the April-October 2022 period. Total CV sales ended positively, up 37 percent to 3,73,491 units from 2,71,801 units sold in the 2022 period.Total (2W + CV) sales in domestic markets grew by 3 percent YoY to 25,52,548 units in October 2023 from 24,79,896 units sold in the same period of 2022. This was also higher domestic sales by 25 percent to 16,08,730 units while exports fell 21 percent down to 9,43,818 units in the April-October 2023 period from 11,89,768 units sold in the same 7 month period of 2022. More

Bajaj Avenger 220 StreetPulsar is the darling of Bajaj Sales breakup September 2023 charts by consistently registering positive YoY growth across both domestic and export marketsLeading Indian 2W and 3W manufacturer, Bajaj Auto, has registered a strong 3.83% YoY growth where exports are concerned. When compared to 1,18,388 units shipped a year ago with 1,22,920 units shipped in September 2023, Bajaj gained 4,532 units in volume YoY. However, The company has registered a 10.94% YoY decline in domestic market with 1,90,902 units sold last month, as opposed to 2,14,344 units. Volume loss stood at a hefty 23,442 units.Bajaj Sales Breakup September 2023 – Domestic marketThe highest-selling motorcycle lineup for Bajaj in India is still Pulsars. With 1,20,126 units, Pulsar saw 14.40% YoY growth with 15,123 units gained in volume. Pulsars alone account for 62.93% market share for Bajaj in India. In 2nd spot, we have Platina with 48,615 units and 25.47% market share.Sales declined 33.73% YoY as opposed to 73,354 Platinas sold last year, losing 24,739 units in volume. Bajaj’s CT line saw 9,398 buyers last month and sales more than halved with 65.13% decline YoY, losing 17,553 units in volume YoY. Where CT line sales halved, Chetak more than doubled its numbers with 122.75% YoY growth by selling 8,988 units last month.Next in line are Avenger line and Dominar line with 2,424 and 1,351 units sold respectively. Where Avenger saw 2.02% YoY growth, Dominar saw a 48.53% YoY decline. If we breakdown the nameplates with their respective engine displacement classes, we can see that it is the Pulsar range the 125cc engine that is Bajaj’s highest seller clocking 67,256 units.Bajaj Sales Breakup September 2023 – Domestic MarketAscending with displacement number, CT 110 and Platina range below 110cc category saw 6,943 and 48,615 units with 49.59% and 33.73% YoY decline respectively. In 110cc to 125cc engine category, We have CT 125X along with Pulsar 125 and Pulsar NS125 selling 2,455 and 67,246 units with 81.37% YoY decline and 16.17% YoY growth respectively.Pulsar 150, P150 and recently launched N150 account for 25,647 units with 3.27% YoY growth. 160cc and 200cc Pulsars account for 21,647 units with 2.97% YoY growth and 160cc Avenger saw 10.33% YoY growth from 1,848 units sold. Under 250cc, we have Avenger 220 with 576 units, Dominar 250 with 679 units and Pulsar 250 twins with 5,982 units. Only 250 Twins saw YoY growth at 263%. Dominar 400 accounted for 672 units and Chetak for 8,988 units, with the latter registering 122.75% YoY growth.Bajaj Sales Breakup September 2023 – ExportsWhere exports are concerned, Bajaj Boxer leads the charts with 73,204 units shipped with 17.26% YoY growth and 59.55% market share. In 2nd place, we have Pulsars with 22,478 units shipped, 27.61% YoY growth and 22.35% of Bajaj’s total sales. Next in line are CT and Discover line with 10,998 and 6,848 units shipped last month.Bajaj Sales Breakup September 2023 – Export MarketCT saw a 46.04% YoY decline and Discover discovered a 29.02% YoY decline. Platina shipped 2,280 units and saw 2.70% YoY growth. Lastly, we have Dominar range and Avenger range with 1,902 and 210 units shipped respectively. Both fell in the red, registering 32.31% and 42.62% YoY decline. Bajaj didn’t ship any Chetak electric scooters last month.If we break down exports with respect to engine displacement classes, Boxer under 110cc with 60,140 units shipped is Bajaj’s highest export, followed by 160cc to 200cc Pulsars with 13,549 units shipped. Going ascendingly, Bajaj sold 60,140 units of Boxer, 5,142 units of CT, 1,080 units of Discover and 1,512 units of Platina under 110cc engine class. Only Boxer and Platina showed YoY growth at 29.02% and 5% respectively.Within 110cc to 125cc segment, Bajaj shipped 6,120 Boxers, 5,856 CTs, 5,768 Discovers, 768 Platinas and 3,621 Pulsars. Only the Pulsar saw YoY growth at 46.96%. Between 125cc and 150cc engine class, Bajaj shipped 6,944 Boxers and 6,480 Pulsars in September 2023. Both CT and Pulsar saw positive growth with 5.21% and 26.61% YoY growth respectively. Within 160cc to 200cc segment, Pulsars saw 6,480 units shipped with 26.61% YoY growth.Between 200cc and 250cc class, Bajaj shipped 210 Avengers, 1,266 Dominars and 3,828 Pulsars. Except for Avenger, Both Dominar and Pulsar in this class saw 37.01% and 176.19% YoY growth respectively. Lastly, Bajaj shipped 636 units of Dominar 400 last month with 66.28% YoY decline. More

Bajaj Sunny EV SpottedThe new upcoming Bajaj Sunny EV spotted testing has almost identical design and aesthetics of old ICE Sunny scooter sold in mid-90sWords scooter (ICE) and Bajaj don’t often go hand in hand in a sentence in recent past. Last ever scooter from Bajaj I could remember, is Kristal. Many have no recollection of Kristal too. That said, Bajaj used to make popular scooters in the past like Chetak and Sunny. Now that Chetak is resurrected in EV guise, Sunny EV resurrection is underway too, as seen from spy shots.Bajaj Sunny Scooter Spotted Testing – Back from the dead!The Indian 2W and 3W manufacturer, Bajaj Auto, has a diverse portfolio both here in India and abroad. With EV scene on the rise, Bajaj seems to be carving a niche for itself new entrants and mainstream bikemakers. The company currently has Chetak e-scooter which is getting a hub motor and is homologated too.There seems to be space for an entry-level e-scooter in Bajaj’s portfolio that may be filled by upcoming Sunny. Considering how old Bajaj Sunny is, there has to be a major design overhaul, right? Wrong. Bajaj seems to be playing nostalgia card or affordability card as upcoming Bajaj Sunny EV is almost identical to old Sunny (ICE scooter).The round headlights, minimal body panels, rectangular tail lights, 3-spoke steel wheels, slim and long seat, thin aprons and long front fender is reminiscent of Bajaj Sunny of the yesteryears. There are some differences, though. For starters, the spare wheel placed at the footwell is now replaced with a battery pack and rear wheel is swapped for a hub motor.Bajaj Sunny EV floorboard-mounted batteryThis is the first time Bajaj is testing an exposed and removable battery. Seeing how exposed the battery is, it wouldn’t fly in India when it goes on sale. This is likely to be a pre-production unit and production-spec model may get a concealed battery, taking up floorboard real estate. Side exhaust is gone and rear now gets a hub motor.Why though?Other tiny details that are different with this new test mule include conventional ORVMs instead of round ones of mid-90s Bajaj Sunny. Turn indicators are much sleeker and probably have LEDs too. Pillion grab rail is redesigned and still features a rack as well. Looking at this motorcycle, it would be a slow-speed scooter (top speed below 25 km/h).Bajaj Sunny EV – New Vs OldWe hope the front suspension setup has telescopic forks and not steel springs. More performance than the 3 bhp 60cc engine on old Bajaj Sunny would not be a stretch to imagine. But it begs the question of existence. Why is it under testing? Does Bajaj intend to launch it in India or just ship it to under-developed nations?It doesn’t make much sense as a last-mile-delivery application because of its floorboard-mounted battery setup. Speaking of last-mile-delivery applications, there is a very good chance of this being based on Yulu scooters too. Since this is the first-ever sighting of Bajaj Sunny EV, more test mules will follow in the future and reveal more details.Source More

Bajaj Pulsar NSThe most impressive part of Bajaj Sales September 2023 charts is the significant growth of the company’s CV portfolio in domestic marketThe Indian 2W and 3W giant, Bajaj Auto, registered a negligible amount of YoY de-growth in the month of September 2023. YoY de-growth for absolute total sales was just 1% and YTD de-growth for the same attribute was much less than that. The main glow-up for Bajaj Auto sales September 2023 was in CV segment in domestic market. The most recent launch was of Pulsar N150.Bajaj Sales September 2023The company is known for its motorcycles and Chetak electric scooters. In September 2023, Bajaj sold 2,02,510 2W vehicles and registered 9% YoY de-growth over 2,22,912 units sold a year ago, losing 20,402 units along the way in volume. Bajaj shipped 1,25,202 units last month and the sales almost evened out when opposed to 1,25,443 units sold last year.The YoY volume loss in 2W exports was just a mere 241 units. In total (Domestic + Exports), Bajaj sold 3,27,712 2W vehicles and saw numbers drop by 6% YoY as opposed to 3,48,355 units sold exactly a year before. Where CVs are concerned, Bajaj sold 50,683 units last month and registered a 60% YoY growth.This is Bajaj’s highest-ever domestic CV sales. However, CV exports didn’t reciprocate the same emotions as their domestic numbers. With 14,163 units shipped, Bajaj CV exports dropped by 3% YoY. In total (Domestic + Exports), there was a 40% YoY growth for Bajaj in CV space with 64,846 units sold, as opposed to 46,392 units sold in September 2022.Bajaj sales September 2023 – YoYIn total (2W + CV) Bajaj sold 2,53,193 units in domestic market and shipped 1,39,365 units in domestic and export markets respectively. This totaled to 3,92,558 units. YoY analysis showed a 1% de-growth in domestic, exports and total (Domestic + Exports), which is almost negligible. You can read Bajaj’s sales breakup of August 2023 here.YTD Sales September 2023The YTD numbers registered in Bajaj sales September 2023 charts are much more profound as they show a greater picture in buying trends and patterns. In 2W segment, Bajaj sold 10,48,251 units, which was 12% higher when compared to 9,35,552 units sold a year ago. Where 2W exports are concerned, Bajaj shipped 7,22,662 units.This was 22% lower than what Bajaj shipped between April and September 2022. In total, Bajaj’s YTD sales for 2W vehicles stood at 17,70,913 units, down by 5% as opposed to 18,66,192 units sold a year ago. In CV sales, it is evident that Bajaj has taken decent strides and the fruits of which are reflected in domestic sales.Bajaj sales September 2023 – YTDBajaj sold 2,30,861 units and more than doubled the numbers when compared to the 1,11,659 units sold last year. With 107% growth, Bajaj gained 1,19,202 units in volume in domestic CV sales. CV exports, however, saw 25% de-growth as numbers fell from 1,06,807 units sold last year to 79,586.Total CV sales (Domestic + Exports) stood at 3,10,447 units with an impressive 42% growth. In total (2W + CV), Bajaj sold 12,79,112 units in the domestic market with 22% growth and 8,02,248 shipped to export markets with 23% de-growth. Grand total almost balanced out with 20,81,360 units between April and September of 2023 and 20,84,658 units between April and September 2022. More

Export-spec Bajaj Dominar 200Bajaj Auto had the Pulsar as the most sold model in domestic markets while Boxer grabbed a great deal of attention globallyBajaj Auto has reported a deep decline in domestic sales in August 2023. However, the company’s exports were more positive. Bajaj Auto Limited sold a total of 2,73,230 units in August 2023, a sharp drop from 3,41,474 units sold in August 2022. Total domestic sales fell by 33.72 percent YoY to 1,52,115 units in August 2023, down 77,397 units when compared to 2,29,512 units sold in August 2022.Bajaj 2W Domestic Sales August 2023However, exports saw an improvement of 8.18 percent to 1,21,115 units in the past month as compared to 1,11,962 units shipped in August 2022. Earlier this week and just ahead of the festive season, the company introduced the new Pulsar N150. It is set to capture the attention of buyers in the country due to its aggressive styling, host of segment-first features and affordable pricing.Bajaj Pulsar saw the highest sales in August 2023 though it related to a YoY de-growth. Sales of the Pulsar stood at 90,685 units, down 6.64 percent from 97,135 units sold in August 2022. The Pulsar currently commands a 59.62 percent share on the list. In the Pulsar range it was the Pulsar 125cc that saw highest sales at 52,129 units while the Pulsar 150cc sales were at 17,111 units last month with both posting a YoY decline.Pulsar 200cc sales increased to 17,140 units along with sales of Pulsar 250cc that improved 559 percent to 4,305 units from 653 units sold in August 2022. Sales of Bajaj Platina also dipped 59.30 percent YoY to 40,693 units in August 2023 from 99,294 units sold in the same month last year.Bajaj Domestic SalesA significant decline in sales was also reported for the Bajaj CT, sales of which dipped by 61.53 percent to 9,270 as against 24,094 units sold in August 2022. However, the company has noted outstanding growth in demand for the Bajaj Chetak which reached 8,023 unit sales last month, up 190.80 percent over 2,762 units sold in August 2022.Sales de-growth was also seen for the Bajaj Avenger (1,848 units) and Dominar (1,587 units) range by 52.95 percent and 1.18 percent respectively. In the Dominar range, it was the 250cc model that saw sales growth of 19.91 percent while Dominar 500cc sales dipped 14.90 percent YoY.Bajaj Exports Improve in August 2023Bajaj Auto saw its exports grow by 8.18 percent YoY to 1,21,115 units with the Boxer and Pulsar drawing in the most demand. Boxer exports stood at 67,548 units in the past month, a YoY growth of 47.91 percent over 45,668 units sold in August 2022. The Boxer currently commands a 55.77 percent share on the company’s export list.Bajaj Exports SalesIt was the Boxer 110cc that received most demand to 50,646 units relating to a 79.54 percent YoY growth. Boxer 150cc sales also improved by 105.02 percent to 6,156 units while Boxer 150cc exports dipped by 25.68 percent to 10,746 units. Exports of the Bajaj Pulsar also grew by 60.15 percent to 34,400 units last month from 21,480 units exported in August 2022.In this range, it was the Pulsar 200cc that drew in the most sales at 20,185 units, a 65.79 percent YoY growth in exports over 12,175 units sold in August 2022. Thereafter, the company saw a dip in demand for the CT (10,002 units), Discover (3,936 units), Dominar (3,573 units), Platina (984 units) and Avenger (672 units). More

Bajaj Pulsar N150 LaunchedThe new Bajaj Pulsar N150 is a combination of P150 and N160 motorcycles within the Pulsar lineup, offering best of both worldsPulsar line from Bajaj Auto has been one of the most popular and sought-after among motorcycling enthusiasts. Today, Bajaj has launched yet another Pulsar in India. This is the Pulsar N150 and is the third 150cc Pulsar in its portfolio. Bajaj has priced it at Rs. 1.17 lakh (ex-sh), which is in line with the segment considering Pulsar P150 starts from Rs. 1.17 lakh (ex-sh) for single disc single seat variant. Bajaj Pulsar N150 Launch SoonIf there is a motorcycle lineup that has the most models under one sub-brand, it has to be Bajaj’s Pulsar. Now, there are two 125cc Pulsars, three 150cc, two 160cc, one 200cc, one 220cc and two 250cc Pulsars. Bajaj has already confirmed launch of “biggest Pulsar” by the end of this financial year.Rushlane’s sources have confirmed 294cc engine displacement number for this “biggest Pulsar”. By the end of this financial year, Bajaj has confirmed six new Pulsar launches and Pulsar N150 is likely to be first of these six. New Pulsar N150 boasts an edgier and slightly more appealing design than Pulsar P150. There are three colour options on offer – Racing Red, Ebony Black and Metallic Pearl White. Pearl Metallic White shade resembles the one offered with Pulsar NS160. This is by far the best colour for Pulsar N range and we hope it makes it to Pulsar N160 and Pulsar N250 as well. Sticking to Bajaj’s core strategies, there is no design change with Pulsar N150 when compared to Pulsar N160. In a general way, one can surmise Pulsar N150 as the Pulsar N160 with Pulsar P150’s powertrain and wheels.[embedded content]One thing that Pulsar N150 seems to miss out on, is an option to choose a split seat and dual disc brake variant. Something which Pulsar P150 has on offer for Rs. 1.2 lakh (ex-sh). We would wager that Bajaj will introduce a twin disc with split seat variant with Pulsar N150 in the future if there is enough demand. Changes as opposed to Pulsar P150New Bajaj Pulsar N150 has similar headlights, body panels and fuel tank as Pulsar N160. Bi-LED projector headlight setup along with LED DRLs is slightly better than on Pulsar P150. Overall design is sharper and edgier too and fits the overall aggressive character that Bajaj is going for.Even though most design attributes are from Pulsar N160, wheels and tyres aren’t. New Pulsar N150 gets the same alloy wheels as Pulsar P150. But tyres are fatter than on Pulsar P150 with a 90-section width at front and a 120-section width at the rear.Pulsar N150 Racing Red and Pearl Metallic WhitePowertrain is similar to the one on Pulsar P150. This is a 149.68cc single-cylinder engine generating 14.29 bhp and 13.5 Nm, mated to a 5-speed gearbox. Attributes like USB phone charger, bezel-less semi-digital instrument cluster, single disc setup at both ends, single-channel ABS and underbelly exhaust are notable.Words from the manufacturerSarang Kanade, President – Motorcycles, Bajaj Auto said, “Twenty years ago, we launched the first Pulsar 150 cc motorcycle that shook up the entry-level sport biking segment and has been India’s largest selling 150cc since then. With the N150, Pulsar is back to rule the road in its biggest and boldest avatar.Its aggressive styling, segment-leading features, stellar on-road performance and an incredibly attractive price point make it a splendid value addition to the Pulsar family. Our goal is to make the joy of riding accessible to everyone, and this new bike is a testimony to that mission.” More

Image for reference onlyThe newest additions for Bajaj trademark vault are Zinger, Bomber, Elixir and Aura and join the sea of other pending trademarksThe Indian 2W and 3W juggernaut, Bajaj Auto, has trademarked new names for use with its upcoming products. Bajaj is known to trademark quite a lot of names, but not all of them translate into products or names associated with a product. Recently, the company has bagged new names under its belt.Bajaj Trademarks New Names – New products for futureThe new names trademarked by Bajaj in the recent past are Zinger, Bomber, Elixir and Aura. Before speculating what the new names may turn into, these are a few old trademarks Bajaj has filed for – Neuron, Twinner, Eleganz, Vincent, Darkstar, Racer, Hammer, Swing, Genie, Freerider, Caliber, Twinner, Pulsar Elan, Pulsar Eleganz, Blade, Technik, Tecnica, Fluir, Fluor and many more to count.If we take a look at Bajaj’s trademark exercises in the past, these new names are likely to stay put for a long time. We say this because Bajaj has recently announced that it is going to launch six new Pulsar motorcycles. These will have Pulsar name and suffixes with letters and numbers, less probably words.Recent homologation of Chetak with hub motor still reveals the name “Chetak”. So, newly trademarked names Bomber, Zinger, Elixir, Aura along with all the other previous trademarks by Bajaj are less likely to see light in the immediate future. Some of these trademarks are proposed to be used in association with other trademarks as well. Only the Zinger name has been opposed, while others say “Accepted & Advertised”.Bajaj Bomber trademarkWhat to expect from the new names?Bajaj currently has a lot on their cards. Company MD Mr Rajiv Bajaj has divulged that there will be up to six new Pulsar motorcycles launching by the end of this financial year. This is because Bajaj wants to understand the growth and profitability of said products by next year.One of the focus will be on premium category which has seen a newfound demand. By premium segment, Mr Bajaj is referring to motorcycles that has powertrains generally displacing over 200cc. The price bracket for this segment is usually around Rs. 1.7 lakh mark.Along with that, segments housing 150cc to 200cc displacement motorcycles are of paramount importance too. Most of Bajaj’s efforts in the future may be curated in this space. Bajaj has divulged info regarding a 100cc CNG motorcycle as well. Launch timeline for this motorcycle might be 2024 or beyond.Bajaj Zinger trademarkAlso, a sequel for Chetak is awaited along with numerous new e-scooters for partner brands like KTM and Husqvarna. The new names Zinger, Bomber, Elixir and Aura can be anything from a new product like an ADV, a bigger cruiser, a scrambler and more. Or a variant of an existing motorcycle or a proprietary tech for any of the present or upcoming products. More

New Bajaj Chetak Hub Motor Model SpiedAs opposed to the swingarm-mounted BLDC motor setup on current model, Bajaj Chetak spotted testing had a PMS hub motorThe Chetak brand was resurrected by Bajaj Auto making it their only EV offering. Even in the EV guise, Chetak brand is one of the most popular among e-scooters. In June 2023, Bajaj sold over 7K units. To boost sales envelope further, Bajaj is likely to re-launch Base trim of Chetak with a hub motor. Testing for the same has commenced.Bajaj Chetak Spied Testing – Hub motor version more affordable?With the advent of more competition in the market, Bajaj is fettling with Chetak to make it more appealing. To boost sales and pose an attractive price point, Bajaj even slashed prices for Chetak recently. Previously, Chetak was on offer in Base and Premium trims costing Rs. 1.22 lakh and Rs. 1.52 lakh respectively (all prices ex-sh).With 2023 Chetak, Bajaj discontinued Base trim and slashed the prices of Premium trim by Rs. 22,00 down to Rs. 1.3 lakh (all prices ex-sh). A new Base trim could pose an appealing starting price of around Rs. 1.15 lakh (ex-sh). Bajaj intends to achieve this by replacing swingarm-mounted BLDC motor with a PMS hub motor.Bajaj has already homologated this setup in a single variant too. Weirdly, there were two Bajaj Chetak test mules spotted together and only one of them featured a hub motor. But homologation documents show just one variant. Both Base and Premium trim are likely to get the same hub motor setup or just Base. Or Bajaj could only offer Premium trim on sale.[embedded content]This should bring costs down along with making the whole setup less complicated and a wee bit lighter in weight. As per type-approval documents, this new hub motor has PMS architecture (Permanent Magnet Synchronous). There’s a new double-sided rear swingarm to hold this new hub motor as well.Changes opposed to current modelIn the document, peak power is mentioned as 42 kW, which could be a typo. Actual peak power might be 4.2 kW (5.63 bhp) along with rated power of 4 kW (5.36 bhp). Battery looks like the same unit which has 2.884 kWh of capacity (marketed as 2.9 kWh). Usable capacity is 2.489 kWh.Current Bajaj Chetak quotes a top speed of 63 km/h and the new upcoming hub motor model will touch 60 km/h. Because of how torque of a hub motor is measured, Bajaj will definitely quote a very high figure. Type-approval document mentions 108 km of claimed range, which reflects with range figures of current Chetak on sale.2023 Bajaj Chetak Homologated – Launch SoonApart from the new swingarm, there don’t seem to be any changes in componentry. Design looks identical between the new hub motor-equipped test mule and current Chetak on sale. Features like a full metal body, LED lighting, LCD digital instrument cluster, Bluetooth connectivity, and OTA updates will remain on offer.Dimensions include 1894 mm length, 725 mm width, 1132mm height and 1330 mm wheelbase. New Bajaj Chetak will have a gross weight of 283 kg. Upcoming Chetak with hub motor could launch in 2024.Source More