TVS Motors: TVS Motor is planning to expand its electric two-wheeler segment in the next one year. The company aims to provide services to customers at a range of prices. The Chennai-based company currently has two e-scooters in this segment: iQube And iQube ST, The company also plans to expand its electric vehicle sales infrastructure in the future. It is also developing an electric three-wheeler.
iQube production capacity increased
Director and Chief Executive Officer (CEO) of TVS Motor Company. N. “We plan to launch a range of products in the five to 25 kilowatt range next year,” Radhakrishnan said. He said that with strong demand in the market, the company has increased the production capacity of electric scooter iQube to 25,000 units per month. There are plans to expand it further.
TVS Electric Three-Wheeler
TVS plans to start sales of its new electric scooter TVS X in the current quarter. Radhakrishnan said that TVS X will play an important role in both domestic and international markets. When asked about the electric three-wheeler, Radhakrishnan said, “It is getting ready.” “The company is focusing on the three-wheeler segment as this is an area where we need to improve,” he said.
new product planning
TVS Motor plans to launch a range of products in the five to 25 kW range next year. This series will include a variety of electric scooters and motorcycles.
The company aims to provide services to customers at various price points. In this way, it wants to make electric vehicles more affordable and accessible.
increase production capacity
TVS Motor has increased the production capacity of electric scooter iQube to 25,000 units per month. The company is planning to expand it further.
The company believes that the demand for electric vehicles will continue to increase in the coming years. Therefore, it is investing to increase its production capacity.
Launch of new products
TVS Motor is planning to start sales of its new electric scooter TVS X in the current quarter. This scooter is expected to play an important role in both domestic and international markets.
TVS Motor is also developing an electric three-wheeler. This three-wheeler is expected to be launched soon.
Overall, TVS Motors is planning to expand rapidly in the electric vehicle sector. The company aims to meet customer demand with a variety of products and price points.