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Two and three wheeler maker TVS Motor Company has expanded its electric vehicle portfolio with the launch of electric scooter TVS Orbiter V1 equipped with 1.8 kWh battery, a top official said on Thursday. The Chennai-headquartered company had launched TVS Orbiter in 2025 and with today's launch, the range would be available in two variants - "Orbiter V1" with 1.8kWh battery and "Orbiter V2" with 3.1 kWh battery. The Orbiter V1 will be available at Rs 49,999 (ex-showroom Delhi) which includes Battery-As-A-Service (BaaS) model. Customers opting for without Battery-As-A-Service, the vehicle is offered at Rs 84,500 (ex-showroom Delhi), a press release said on Thursday. The Battery-As-A-Service model lowers the upfront cost, long term battery assurance to customers. The introduction of BaaS model, allows the customers to subscribe to battery usage instead of paying the full battery cost upfront, the company said. This BaaS model separates the vehicle price from the battery cost, helping
The two-wheeler industry has the potential to grow at 8-9 per cent CAGR in the long term, drawing from the momentum of GST rate cut, government's spending on infrastructure and overall growth of the economy, according to TVS Motor Company CEO KN Radhakrishnan. The first half of the next year is also expected to be "very good" in terms of sales growth, as the benefits of the GST rate cut will continue to come into the industry, he told analysts. "Overall, I'm a firm believer that 8 per cent to 9 per cent as a CAGR, you can look at on a long-term basis...," Radhakrishnan said when asked about the growth prospects of the two-wheeler industry for the next fiscal on the back of strong performance in Q3. In Q4, the benefit of the GST rate cut, which was implemented on September 22 last year, will be seen, he added. "The first half of the next year (fiscal) is also going to be very good because the benefits will come into the industry," he noted. While not sharing an exact forecast for t
Indian automotive firm TVS Motor Company is looking to enter more markets in Europe, including Spain and Portugal, as part of its global footprint expansion, according to its Chairman Sudarshan Venu. The company, which made its debut at the global two-wheeler exhibition EICMA 2025 here unveiling six new products across ICE and electric powertrains, feels that with an expanding portfolio it is time for it to tap 'industrialised markets', Venu told PTI in an interview. "I think it is the beginning of TVS' progress towards industrialised markets. Typically, we are focused on emerging markets," he said when asked about the company's focus on Europe. At EICMA 2025, the company showcased the TVS Tangent RR Concept, a supersport bike; electric motorcycle concept TVS eFX three O; TVS M1-S, the company's first electric maxi scooter; TVS Apache RTX 300, a new adventure tourer bike; a born-electric bike TVS X and TVS RTR HyprStunt Concept, an urban sports motorcycle. The TVS Apache RTX 300 is