TVS Motor Company is planning to invest Rs 1,000 crore to manufacture electric vehicles (EV) under a separate vertical. The EV plant is expected to have a capacity of around 1 lakh units a year, including both two-wheelers and three-wheelers. The company is readying a complete portfolio of two and three wheelers in the range of 5-25kW, all of which will be in the market within 24 months.
TVS Motor Company is a reputed two and three-wheeler manufacturer.
| Company Name | CMP |
|---|---|
| Bajaj Auto | 10710.85 |
| Hero MotoCorp | 5321.50 |
| TVS Motor | 3692.45 |
| Eicher Motors | 7300.10 |
| Ather Energy | 915.00 |
| View more.. | |
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