TVS Reportedly Working to Launch Two New Electric Scooters in India

TVS
Motor
company
reportedly
is
planning
to
expand
its
electric
two-wheeler
portfolio
in
India
this
year
and
early
next
year.
The
brand
is
reported
to
launch
a
new
electric
scooter
this
year
and
another
model
by
March
2025.
The
company’s
Chief
Executive
discussed
their
Electric
Vehicle
(EV)
plans
during
an
investor
call,
which
confirmed
this
development.
The
company
is
currently
offering
the
iQube
in
a
number
of
different
versions
which
has
been
very
successful
in
India. TVS
has
also
introduced
the
X
sports
electric
scooter.
However,
due
to
some
technical
issues,
the
brand
did
not
commenced
the
deliveries
of
the
product.
The
TVS
X
was
a
visually
appealing
product
that
could
have
helped
the
corporation
attract
a
lot
more
customers
to
the
showrooms.

According
to
a

report
by
Bikewale,
the
brand
is
reportedly
developing
a
variety
of
electric
scooters.
Moreover,
the
brand
is
also
working
on
an
electric
motorcycle.
The
upcoming
bike
might
come
with
an
affordable
price
tag.
The
report
further
highlights
that
the
brand
might
be
preparing
to
launch
an
electric
version
of
Jupiter.
Moreover,
the
brand
could
also
launch
an
EV
for
the
B2B
segment,
which
might
be
known
as
XL
Electric. 

The
brand
recently
trademarked
two
names
for
its
electric
vehicle,
namely
E-XL
and
XL
EV.
The
report
further
claims
that
the
company
might
unveil
the
electric
vehicle
at
the
2025
Bharat
Expo,
followed
by
an
official
launch
by
March
2025. 

Although

EV
adoption
has
not
yet
reached
double
digits,
automakers
believe
there
is
a
lot
more
room
for
growth
in
this
market.
Up
until
August,
TVS
was
the
second-biggest
producer
in
India’s
electric
two-wheeler
sector,
after
Ola
Electric.
With
19,128
vehicles
rolling
out
of
the
Chakan
facility
in
September,
Bajaj
Auto
surpassed
TVS
for
second
place,
while
TVS
manufactured
18,099
units.