TVS electric scooter charging ahead on an open terrace

Building depth in electric mobility

The year was driven by a strong wave of portfolio expansion across electric mobility. We strengthened the iQube range with the launch of the TVS iQube 3.1 kWh variant, while the introduction of the TVS Orbiter range widened our reach among urban commuters through a proposition centred on practicality, connectivity and everyday usability. Towards the close of the year, the launch of Orbiter VI and the rollout of Battery-as-a-Service across the portfolio further improved affordability and ownership flexibility, helping make EV adoption more accessible.

Our premium and performance-led EV ambitions also gathered momentum during the year. Products such as TVS X reinforced our premium electric mobility positioning through advanced connected technologies and intelligent rider interfaces. At the same time, the fourth consecutive season of the TVS Apache RTE electric racing programme provided a platform for testing and advancing future electric performance technologies in high-intensity racing environments.

Electric mobility also became a larger part of our commercial mobility strategy. Products such as TVS King EV and the newly launched TVS King Kargo HD EV strengthened our presence in electric last-mile transport and cargo mobility. Designed around payload capability, fast charging, operating efficiency and connected technologies, the King Kargo HD EV reflects our growing focus on urban logistics and commercial electrification opportunities.

Alongside product expansion, we also expanded our EV dealer and service footprint across urban and semi-urban markets, strengthened charging accessibility and deepened supplier readiness to support the next phase of growth. The introduction of Battery-as-a-Service, growing connected mobility capabilities and sharper customer segmentation also reflected our effort to make EV ownership more flexible, dependable and relevant across a wider customer base.

Even amid temporary supply-side challenges linked to rare-earth magnet availability, the business demonstrated resilience and sustained market traction. As India’s EV transition gathers pace, we are steadily building a more complete electric mobility ecosystem — combining wider portfolio depth, stronger execution, ecosystem readiness and differentiated mobility experiences across personal, premium and commercial mobility segments.

Monthly production levels

30,000 units TVS iQube
10,000 units TVS Orbiter