TVS to bet on electric vehicles; to come up with 5-25-kW products

TVS Motor Company is coming up with multiple products in the two- and three-wheeler segments

Chennai-based two-wheeler major TVS Motor Company has said the company is focusing on electric vehicles (EVs), and is coming up with multiple products in the two- and three-wheeler segments.

Addressing the company’s annual general meeting (AGM), the company’s managing director, Sudarshan Venu, said the company was going to invest heavily on electric vehicles. “We will come up with EVs under the 5-25 kilo watt range (in two- and three-wheelers). We have recently launched iQube with over 15,000 orderbook and we are ramping this up to more cities,” Venu said.

“EVs offer a large opportunity and TVS is investing a lot