Posied to launch an electric two-wheeler during the second half of FY2024-25, TVS Motor Company is eyeing 30 percent share of its sales to come from electric vehicles. In this direction, the Chennai-based company is also working on an electric three-wheeler. 

TVS Motor Company Managing Director Sudarshan Venu opined that the company is gearing up for an aggressive push into the electric vehicle (EV) market with plans to have a large portion of its sales from its electric portfolio in the coming years.

Speaking to Motoring Trends on the sidelines of Indian Chamber of Commerce’s Annual General Meeting held in Kolkata, the top official said, “We are incredibly excited about electrification and it’s becoming a central focus for TVS. A significant portion of the company’s future growth will come from its electric line-up. The company has identified electric mobility as a major area of investment and expects that this segment will contribute to around 30 percent of its sales in the foreseeable future.”

The company is currently offering electric scooters like the iQube and X. It is gearing up to introduce another electric scooter this financial year. What is even more interesting is the foray of TVS Motorc Company into electric bicycles. It is in line with its commitment to build a full range of electric mobility solutions.

TVS is heavily investing in research and development with a significant focus on electric vehicle technology. The company, claim sources, employs around 800-900 engineers in research and development. Their expertise, sources add, spans across key domains on the electric vehicle side such as battery management system, motor control unit, cycle control unit and various electronics.

With an emphasis on developing much of the components used in electric vehicles, inclduing the motor in-house, TVS is working to further advance its capabilities in the electric mobility space.

Commenting on the technological focus of the upcoming electric two-wheeler, Venu noted, “The new product is expected to focus on advancements in battery technology, which is continuously improving. TVS, through its global partnerships, aims to offer batteries that are among the best in the market. Additionally, the integrated electrical and electronic architecture, along with significant investments in vehicle software, control systems and physical design, are seen as key strengths. Bringing these elements together is considered a major advantage for the company, setting it apart in the competitive electric vehicle market.”

Answering whether the manufacturer plans to foray into the electric small commercial vehicles market, he said, “TVS is currently focusing its efforts on two and three-wheelers and is not actively pursuing the small commercial vehicles market. The company is prioritising advancements and innovation in its existing vehicle segments rather than expanding into that space at this time.”

Mid-term growth

Looking ahead, TVS anticipates strong growth in the two-wheeler market with the managing director forecasting industry growth in proper double digits. He added that TVS is well-positioned to grow at a faster rate than the overall industry, driven by its investments in both electric and internal combustion engine (ICE) vehicles.

As part of its growth strategy, TVS is also focusing on expanding its presence in the export market. The company has set its sights on increasing its market share in its current export markets while also exploring new opportunities. One key area of focus is Europe, where TVS plans to expand its presence by CY2025. The company is also optimistic about opportunities in Africa, where the market is beginning to recover after a challenging period.

“Africa, which contributes a significant portion of our export revenue, had bottomed out but we’re seeing signs of improvement and expect to capitalise on opportunities there,” the managing director said.

Alluding to whether EVs will outgrow ICE in the two-wheeler category in the near future, Venu remarked, “We recognise the opportunities in the electric vehicle sector and aim to capitalise on them. While the electric two-wheeler market is expected to grow rapidly, partly due to its low starting base, ICE vehicles are still seen as having a significant future. Currently, ICE vehicles account for 95 percent of the industry, and TVS believes consumer preferences will largely dictate the pace of transition. As a result, the company continues to invest in new ICE products, seeing potential for growth in both EV and ICE segments.”

On the alternative-fuel front, he noted that CNG is considered an appealing option due to its emissions-saving potential and affordability. The three-wheeler market, particularly in India and other regions, is experiencing notable growth, presenting opportunities in this segment. TVS is expected to explore this area further. 

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Ahmedabad-based electric two-wheeler brand Avore Electric launched its first electric motorcycle – the Avore Electric EX at prices starting at INR 124,999 (ex-showroom).

The e-motorcycle is available in three variants – the EX 2S, EX 2 and EX 1. The model range was developed over three years using the company's indigenous AVORE Source technology stack and AVR vehicle platform. The development process involved over 120 intellectual property filings across nine vehicle systems, including the battery management system, motor controller, onboard charger and operating system.

The EVs use a rare-earth-free Permanent Magnet Synchronous Motor (PMSM) with peak power output ranging between 7.5 kW and 10.5 kW depending on the variant, while all three models produce 250 Nm of peak wheel torque.

The EX 2S attains a claimed top speed of 114 kmph, whereas the EX 2 and EX 1 reach top speeds of 100 kmph. The powertrain utilises an integrated motor and swingarm structure to manage chassis balance and weight distribution.

The EX 2S and EX 2 carry IDC-certified range ratings of 260 km and 255 km respectively, while the EX 1 carries an IDC-certified range rating of 160 km. All variants include a 1500W onboard charger compatible with standard 5A and 15A domestic sockets, charging the battery from 20 per cent to 80 percent in two hours and reaching a full charge in a claimed four hours. The battery pack is homologated by NATRAX, and the battery management system is validated by ICAT.

Software systems integrated into the platform include the AVORE SENSE operating system, an artificial intelligence (AI) companion named Avore Synapse and an automatic manual gear mode. The platform complies with AIS 156 and AIS 038 safety standards and underwent 100,000 km of road testing alongside 2,500 hours of dynamometer testing prior to commercial introduction.

Priyank Rakholiya, Founder, Avore Electric, said, "We dedicated three years to research, development, testing, and validation before the launch of the EX so as to ensure class-leading engineering and innovation. We are ensuring global-levels of safety and performance, while pushing the frontiers of Indian-developed electric mobility technology stacks that deliver reliability, consistency, and economic viability. Our goal is to improve adoption and accessibility to world-class electric mobility solutions for every Indian and we are confident that the EX is just the start of our journey towards that direction."

Bookings for the EX series have opened on the manufacturer's website at an initial reservation amount of INR 799, with customer deliveries scheduled to begin in two months. The battery pack is supplied with a 5-year or 60,000 km warranty.

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Energy In Motion, a provider of integrated electric mobility solutions for long-haul freight transportation, has executed an agreement with Hindustan Petroleum Corporation to establish and operate charging and battery swapping infrastructure for heavy commercial vehicles at retail outlets across India.

As per the understanding, Energy In Motion will deploy swap-and-charge hubs on freight corridors including Mumbai–Pune, Delhi–Jaipur and Chennai–Bangalore over the next 18 to 24 months. These stations will support vehicles such as the Ashwa 55-tonne e-tractor, providing battery exchange capability in 7 minutes.

Energy In Motion manages battery inventory and hardware, while Hindustan Petroleum Corporation provides space and utilities across its network of over 25,000 retail outlets.

Narendra Murkumbi, Managing Director, Energy In Motion, said, “Charging infrastructure succeeds or fails on reliability. Working with HPCL allows us to place charging and swapping where drivers already stop – sites with power, space, amenities, safety systems and staff on duty. Combining our battery and fleet expertise with HPCL’s nationwide retail network lets us build dependable swap-and-charge hubs on the corridors that carry India’s freight and to do it at the pace the transition demands.”

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Hero MotoCorp's electric mobility brand, VIDA, has made its international market entry into Nepal through a partnership with CG Motors.

The launch was announced by Kausalya Nandakumar, Chief Business Officer, Emerging Mobility Business Unit, Hero MotoCorp and Nirvana Chaudhary, Managing Director, Chaudhary Group.

The introduction features the VIDA VX2 Evooter range – comprising the VX2 Plus and VX2 Go variants – alongside the VIDA DIRT.E K3 youth off-roader. The VX2 Plus features a 4.4 kWh setup, delivering a 140 km range and a top speed of 90 kmph, while the VX2 Go uses a 2.2 kWh battery with a 75 km range. The DIRT.E K3 is an electric off-roader equipped with a 350W motor and app-based parental controls.

Kausalya Nandakumar said, “This launch marks a proud and defining moment as VIDA goes global. We are thrilled to take the very best of our engineering and design capabilities beyond India, starting with Nepal, a strategically crucial market where riders are quickly adopting smart electric mobility. The VIDA VX2 EVOOTER range and the VIDA DIRT.E K3 are built to redefine the future of mobility, and through our collaboration with CG Motors, we are ensuring that the Nepalese customers have access to premium, reliable, and technologically advanced riding experience.”

Nirvana Chaudhary added, “The entry of VIDA perfectly aligns with Nepal's shift towards sustainable mobility. By offering advanced electric products & solutions tailored for both, everyday commuters and the next generation of riders, this product launch redefines our two-wheeler landscape. CG Motors is proud to strengthen its partnership with Hero MotoCorp and partner with VIDA to drive our nation's green transition forward."

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Pune-headquartered electric commercial vehicle manufacturer EKA Mobility has announced that Dr. Hussein Ali Mwinyi, President of Zanzibar, recently flagged off 15 EKA Mobility electric buses in Zanzibar. The commercial operations for the e-buses is scheduled to begin on 1 August 2026.

The deployment forms part of an initial order of 35 e-buses, with the fleet expected to expand to 150 units by the end of the year.

EKA Mobility is collaborating with Global Rapid Transport and the Zanzibar Social Security Fund to train local personnel in vehicle operations, maintenance and safety systems.

Vijay Yelne, President – Export Marketing & SCM, EKA Mobility, said, "The launch of Zanzibar's first electric bus fleet is a strong validation of EKA's technology and our ability to deliver world-class electric mobility solutions beyond India. It demonstrates that products designed and manufactured in India can successfully meet the evolving mobility needs of international markets. This is another step in taking Indian engineering to the world, and we see Africa as a key growth market in EKA's global expansion journey."

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