TVS Plans To Invest $133 Million Into Electric Motorcycle Development

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2021 tvs Electric scooter ,tvs Electric,tvs electric scooter,tvs electric bike price,tvs electric scooter price in bangalore,tvs electric scooter price in delhi, electric scooter price in kolkata,tvs electric bike price in india 2020,tvs electric scooter price in india,tvs electric bike price 20 000
2021 tvs Electric scooter

TelevisionS Motor, one of India's leading motorcycle and scooter manufacturers, announced recently that it will venture heavily into the electric vehicle sphere, especially in electric motorcycles and scooters. A whopping Rs 1,000 crore has been pledged to the development and production of electric vehicles by the company, or the equivalent of $133 million USD.

When it comes to producing new electric motorcycles, TVS has some lofty plans in mind. In the next two years, it expects to launch no less than six new electric scooters and motorcycles. Also, a separate vertical will be set up to handle everything related to electricity, and the company plans to expand to more than just India, but also to the international market. Moreover, as more and more countries set emission-free transport goals in the near future, the demand for lightweight and affordable electric two-wheelers is expected to keep increasing.


While TVS does not currently offer electric motorcycles with performance-oriented features, it will soon do so. Among its upcoming models, power output will be in the range of 5 to 25 kW, which translates into horsepower between 7 and 30 hp. We may be seeing commuter scooters geared toward practical urban mobility as well as a standard-style motorcycle similar to what Husqvarna is working on with the E-Pilen soon.


There is only one TVS electric scooter available in the market right now, the iQube. Its affordability, features, and practicality have helped this lightweight commuter to be a relative success for the company. Also in 2022, TVS is likely to launch a sporty electric scooter based on the Creon Concept.


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