TVS Motor Company is planning to expand the sales of its electric vehicles to both developing and developed markets, betting big on India's potential to emerge as a major export hub for electric two-wheelers.
The company will leverage on its plant in Indonesia to cater to other neighbouring markets in the ASEAN region, where it has started selling its electric scooter TVS iQube last year. In the first quarter of this fiscal the company sold a total of 52,000 units of electric two-wheelers, as against 39,000 units in the same period last year.
TVS Motor Company is a reputed two and three-wheeler manufacturer. TVS Motor’s strength lies in its extensive research and development, resulting in products that are industry leading in terms of innovation.
