TVS Motor to double EV volume in FY24 amid new launches

TVS Motor Company is set to dispatch a record volume of more than two lakh scooters based on the electric vehicle (EV) platform in the current fiscal year, a senior official told ET during the launch of the company’s first born-electric scooter TVS X in Dubai to target a new set of buyers.

“We are ramping up EV production of the existing EV scooter iQube by 25,000 per month from August. There would be incremental production of new born-electric scooters that would boost our overall EV production”, said Sudarshan Venu, Executive Director at TVS Motor.

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