TVS Motor Working On A New Subsidiary For Electric Two-wheelers
Recently, TVS’ top boss announced the bikemaker will introduce six new EVs in the next two years
Recently, TVS’ top boss announced the bikemaker will introduce six new EVs in the next two years
Looks like TVS Motor is going all out to achieve its EV dream, as the company’s top brass has approved plans to set up a new EV subsidiary, which we believe will be called TVS Electric.
In an official statement, TVS said it has already appointed around 500 engineers and set aside a Rs 1,000 crore budget for the upcoming EV-focused subsidiary. As of now, the only electric from the bike maker is the TVS iQube Electric.
We could have as many as six electric two-wheelers -- likely including the production version of the dashing TVS Creon e-scooter -- which TVS plans to introduce in the next 24 months. Curious to know what these could be? Here’s all the dope. With this lineup, the Indian giant will look to target global markets as well.
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In related news, TVS recently acquired a massive stake in EGO Movement, a Swiss EV company that has a variety of electrics in its portfolio, including cargo vehicles and small e-bikes. This might just mean TVS is eager to have similar mass-market offerings in its lineup too.
This news surely has got us excited. Not only because we’ll be getting some striking new EVs but also it will encourage more manufacturers to step into the electric two-wheeler space, which still lacks variety and options in our country.
TVS X User Reviews
- Prices Are Sky HighPrice is too high as can get super bikes for same Also not an encouraging with a range of 140 Not at all worth Also why so much cost for a model like this Market is having 100 other options for this cost TVS. Needs to rethink and revise the pricing or else will regret with the break even of this modelRead More12 3
- Good Bike Excellent bike awesome bike service GorGood Bike Excellent bike awesome bike service Gorgeous bike, nice bike Fantastic bike, good bike nice bike. Good bike Amazing bike nice bike2 4
- Best performanceGood experience best renge good luck on the project and good luck for future projects cool future success always done3
- Tvs X is awesome 👌When I See the TVS X bike it's looking very nice and amazing. Wow my best experience with this bike forever.1 2
- Excellent bike of the yearVery superb bike good in mileage and action and very excellent ferformance in off roads it is very useful for the riders1 1