Image Source: Baikunthnathcollege.org.in
TVS Motor Company is set to leave a strong imprint in the electric vehicle (EV) space, with a number of new EV products nearing production and ready to be launched in the next quarters. This step reflects TVS's focus on innovation and its desire to dominate India's fast-changing EV market.
Key Highlights:
Diversified EV Portfolio: TVS is expected to launch a series of electric vehicles in the near future, such as the highly anticipated iQube ST 2025, electric three-wheelers for both passenger and goods use, and new electric two-wheelers like XL EV and Jupiter Electric. TVS is also developing electric mini trucks and e-cycles.
Imminent Launches: Two or more new vehicles-one in the EV and one in the internal combustion engine (ICE) space-are scheduled to launch this quarter, with several more to come later in the year.
Production and Network: TVS has increased its manufacturing capacity and grown its EV sales and service points to almost 400 locations, providing strong support for new product launches.
Strategic Expansion: This rapid expansion is aimed at taking a larger pie of the expanding electric mobility space, both in urban and rural areas.
TVS's future launches shall power the EV sector and solidify its position in sustainable mobility.
Sources: Autocar Professional, Economic Times, The Hindu BusinessLine
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