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Sudarshan Venu charts TVS Motor Company's electric road map

Sudarshan Venu charts TVS Motor Company's electric road map

India Today
Sunday, July 18, 2021 02:58:42 PM UTC

TVS Motor Company have revealed their electric vehicle roadmap that will see an onslaught of new electric 2 &3 wheelers under the brand’s new EV vertical over the next 24 months. 

It’s official! TVS Motor Company has announced a Rs 1,000 crore investment that will be used toward the manufacture and development of electric vehicles through a new independent vertical. While details about the new vertical remain to be announced officially, Sudarshan Venu, TVS Motor Company’s joint managing director was quoted on TVS social media channels speaking about the company's future electric plans. While TVS has already begun the manufacture and sale of their new electric scooter the iQube in select cities, the next 24 months is likely to see an exponential growth with a whole new range of electric vehicles set to hit the market under TVS Motor Company’s new vertical. The vehicles are expected to range from two and three wheelers with power outputs ranging between 5kW and 25kW. As of now though the brand’s electric vehicle operation will run in tandem to the ICE vehicle department.
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