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TVS Motor plans to enter electric 3-wheeler cargo vehicle segment

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..... TVS Motor plans to enter electric 3-wheeler cargo vehicle segment
PTI News
Dated:- 27-1-2025
PTI
Kolkata, Jan 27 (PTI) TVS Motor, a leading player in the two and three-wheeler segment, is .....

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..... planning to make a foray into the electric cargo vehicle space, an official said on Monday. The company, which launched its electric three-wheeler passenger vehicle in the eastern metropolis, is hopi .....

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..... ng to roll out the cargo variant during the last quarter of the current financial year. "We launched the electric three-wheeler in Kolkata along with UP, Bihar, J&K and Delhi in the passenger segment .....

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..... . The company aims to make a foray into the electric cargo three-wheeler segment during the fourth quarter of the current financial year", TVS Motor's business head, commercial mobility, Rajat Gupta s .....

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..... aid. He said that the adoption of electric vehicles in the three-wheeler segment is growing. "The market share of TVS in the three-wheeler alternate fuel segment (CNG, LPG and electric) is at ten pe .....

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..... r cent at the moment and is growing", Gupta said. He said the company manufactures three wheelers at its Hosur plant in Tamil Nadu with a capacity of 5,000 per month and is "scalable". The company i .....

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..... mports cells of the batteries from Korea and these are manufactured by an Indian partner, he said. PTI DC BDC
News - Press release - PIB .....

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