TL;DR
TVS Motor Company unveiled 'E-Mobility Vision 2030' to become a global EV leader, developing a new modular EV platform for diverse electric scooters and motorcycles.
TVS Motor Company today revealed its ambitious 'E-Mobility Vision 2030', outlining a comprehensive strategy to become a global leader in electric two-wheelers and three-wheelers. At the core of this vision is the development of a brand-new, modular EV platform, internally codenamed 'Project Edison,' which will underpin a diverse range of electric scooters and motorcycles across various performance segments. TVS plans to launch at least five new electric models based on this platform over the next three years, including high-performance electric motorcycles and affordable mass-market scooters. The company also announced significant investments in R&D for advanced battery technologies, motor development, and smart connectivity features. Furthermore, TVS aims to expand its EV charging infrastructure partnerships and explore new business models, such as subscription services and battery-as-a-service. A key focus of the 'Vision 2030' is also international expansion, with TVS targeting key markets in ASEAN, Europe, and Latin America. This strategic roadmap signals TVS's strong commitment to the electric mobility transition, positioning it as a major contender in the global EV landscape and reinforcing its leadership in the Indian market.