TVS to Launch New Electric Scooter and 3W by Year-End

TVS Motor Company is set to strengthen its position in the electric vehicle segment with the launch of a new electric two-wheeler and three-wheeler by the end of this year. According to a senior company official, both vehicles are scheduled to launch between October and December 2025.

TVS Motor Director and CEO K.N. Radhakrishnan said, “We have products ready for launch in the next quarter, including an electric two-wheeler and a three-wheeler.” The company sold approximately 70,000 iQube electric scooters in the first quarter of FY2025, taking total cumulative sales past 6 lakh units. The iQube range is currently priced between ₹1.13 lakh and ₹1.71 lakh.

On the three-wheeler front, TVS entered the segment in January 2025 with the TVS King EV Max, priced at ₹2.95 lakh. The product has received a strong market response, and TVS is rapidly expanding its EV three-wheeler network, which currently covers nearly 70% of the Indian market.

Apart from EVs, TVS is also expanding its internal combustion engine (ICE) portfolio. The company will enter the adventure tourer motorcycle segment in India this fiscal year and plans to launch its first electric bicycle. Moreover, TVS will launch four new motorcycles under the iconic Norton Motorcycles brand, including a flagship 1200cc four-cylinder superbike, with global launches planned across the UK, India, and key European markets between October and December 2025.