India’s EV race took a dramatic turn this October as one legacy giant reclaimed the top spot.

Written By

RAJ ANAND

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GOOGLE

While TVS and Ola chased momentum, this automaker accelerated ahead with renewed production firepower.

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RAJ ANAND

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GOOGLE

The hero? Bajaj Auto, storming the market after ramping up its Chetak EV output.

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RAJ ANAND

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GOOGLE

With supply snags fixed, Chetak rolled out stronger, capturing 21.9% market share.

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RAJ ANAND

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GOOGLE

Registrations hit nearly 29,500 units, surpassing TVS’ ~28,000 and leaving Ola behind.

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RAJ ANAND

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GOOGLE

Festive demand played a key role, but smooth supply chains sealed Bajaj’s win.

Written By

RAJ ANAND

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Stock reaction? Surprisingly muted — prices slipped from ₹8,923 to around ₹8,800.

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RAJ ANAND

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Past year hasn’t been kind either — shares down nearly 9.5% YoY.

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RAJ ANAND

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Yet financials shine: revenue up 10% YoY, profit jumping over 22% QoQ.

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RAJ ANAND

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If Bajaj sustains EV scale and margins, investors may see long-term horsepower here.

Written By

RAJ ANAND

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GOOGLE

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