Strategic Priorities

Accelerating Future Growth

TVSM strives to transform the lives of people across the world by providing mobility solutions that are exciting, responsible, safe, and sustainable. Its global growth is powered by an innovation-driven culture, focus on speed and agility, high-quality scalable technology platforms, and a commitment to sustainability.

TVSM is reimagining mobility for a cleaner, smarter world — where electric and connected technologies form the bedrock of next-generation transportation. In this new era, where software defines performance, safety, and experience, TVSM is deepening its in-house strengths across EV architecture, battery intelligence, telematics and control systems. This technology-forward and sustainability-led approach is not just reshaping the future of mobility. As it moves into the next chapter of growth, the Company will be guided by five strategic priorities to scale with purpose and agility.

STRATEGIC OBJECTIVES
KEY DEVELOPMENTS IN FY 2024-25
THE ROAD AHEAD IN FY 2025-26

Enhancing Premiumisation across
the Portfolio

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  • Strengthened brand presence through an upgraded distribution network, launched flagship models like the Apache RTR 310 and upgrades across the Apache RTR & RR 310 series, Ronin and Ntorq
  • Leveraged racing experience through track-to-road technology transfer for Apache RTR 310 & RR 310
  • Enriched TVS MotoSoul 4.0 to celebrate the spirit of motorcycling and to encourage a premium, community-driven biking experience for global enthusiasts
  • Launch of an exclusive premium brand network in India to provide customers with a differentiated experience
  • Build an aspirational global brand through exciting riding experiences and community engagement
  • Expand the premium product lineup with innovative, feature-rich motorcycles targeted at global customers

Attaining Leadership in the
EV Business

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  • Expanded the EV portfolio with the launch of TVS King
    EV Max, an electric passenger three-wheeler equipped with a 51.2V lithium ion LFP battery with 9.2 kWh capacity
  • On the electric two-wheeler front, TVS iQube ST was launched with a larger battery capacity, up from 5.1 kWh to 5.3 kWh, which has increased range to 212 km in a single charge
  • Also introduced the fastest-charging variant of the TVS iQube, equipped with a 2.2 kWh battery capacity
  • Continue expanding the EV portfolio to include electric motorcycles and scooters catering to the needs of
    entry-segment customers
  • Expansion of electric three-wheeler segment for varied markets (urban & rural) and applications
    (passenger & cargo)
  • Focus on building a connected, intelligent EV ecosystem
  • Build on strategic partnerships for joint development of electric three-wheelers and focus on global
    EV business expansion

Scaling up the Commercial
Mobility Business

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  • Launched the TVS King EV Max, the Company’s first electric three-wheeler, with active plans to expand into electric cargo three-wheelers
  • Strengthened presence in the commercial mobility segment by aligning product development with evolving fleet and last-mile delivery needs
  • Expand the commercial mobility product lineup with
    multi-fuel platforms
  • Enhanced focus on connected vehicle solutions to boost operational efficiency and uptime for fleet operators
  • Build products and solutions catering to diverse use cases

Embracing Sustainability across the Value Chain

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  • Demonstrated product readiness at the Bharat Mobility Expo across multiple categories of mobility solutions – ICE, CNG, Ethanol, and electric
  • Institutionalised the ‘My Sustainability Index’ (MSI) to track environmental performance, enhance transparency, and encourage innovation
  • Focused on improving supply chain safety under the SA8000 for safety compliance
  • Embedded ESG principles across the Company
  • Reduce environmental impact by minimising emissions, effluents, and waste; enhance energy efficiency, increase renewable energy use, and protect biodiversity
  • Diversify battery supply chain to reduce dependency on specific geographies and materials
  • Foster inclusive growth by ensuring a safe, healthy workplace, and strengthening EHS practices among suppliers, dealers, and contractors, and empowering rural communities through targeted training and development

Expanding Business
Operations Globally

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  • Expanded partnership with BMW Motorrad, focusing on developing new sub-500cc motorcycles for global markets
  • Entered European market through a distribution partnership, with homologated EV and ICE products
  • Focused on Africa, Latin America, ASEAN and the Middle East as key regions for export recovery and growth
  • Expand the product lineup in key European markets and drive business expansion
  • Maintain positive momentum in the Africa market along with increasing sales volumes in the Middle East, ASEAN and LATAM countries