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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The Kia EV3 has secured the highest possible ‘Very Good’ grade in Euro NCAP's assisted driving test. The test focused on the model's Highway Driving Assist 2 (HDA 2) system, which combines real-time driver monitoring, adaptive cruise control and lane centring.

In the ‘assistance competence’ and ‘safety backup’ categories, the EV3 received scores of 74 and 88 out of 100, respectively. The vehicle achieved the highest rating with a total score of 162 points, making it the first car from both Kia and the Hyundai Motor Group to receive this grade. By aiding the driver in a variety of real-world situations, such as changing lanes, maintaining lane position at different speeds and stopping if the driver becomes unresponsive, the EV3's HDA 2 strikes a balance between a high degree of vehicle assistance and driver involvement, according to Euro NCAP. In addition to providing exceptional safety backup, the model provides ‘very good’ highway assistance.

With the adaptability and affordability to be the primary vehicle in the home, Kia's EV3 is a high-volume electric vehicle designed specifically for the compact SUV market. The 2025 World Car Awards have crowned the vehicle the 2025 World Car of the Year. In the UK, the car has also received other honours, including ‘UK Car of the Year 2025’ at the UK Car of the Year Awards and ‘Best EV Crossover’ at the TopGear.com Electric Awards 2025.

Pablo Martinez Masip, Vice President Product and Marketing of Kia Europe and COO of Kia Connect Europe, said, “This excellent outcome reflects Kia’s commitment to delivering advanced technologies that enhance driver convenience and passenger safety. The EV3’s performance in the Euro NCAP assisted driving test draws attention to the capabilities of Highway Driving Assist 2 and serves as a milestone for Hyundai Motor Group.”

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On World Environment Day, CHARGE ZONE, India’s largest electric vehicle (EV) charging network, unveiled ‘Shwa’, a groundbreaking public art project that redefines EV Supercharging stations as cultural landmarks. By integrating large-scale murals into charging hubs, Shwa blends sustainability, community engagement and creativity, transforming functional spaces into open-air galleries that inspire climate action.

Each mural, created in partnership with both well-known and up-and-coming Indian artists, offers a distinct perspective on a sustainable India that is firmly anchored in regional aesthetics, local tales and messages of optimism for the environment. The project begins with striking murals painted by renowned artist Rahul Kumawat in Karjan, Gujarat, and Suryapet, Telangana. Meaningful interaction with the art and its underlying environmental issues is made possible by the thoughtful placement of these enormous artworks at CHARGE ZONE's Supercharging stations, where visitors usually spend longer time.

Each artwork has a discrete QR code that connects to the recently built Shwa website (shwa.chargezone.co.in), adding an interactive element. With its high-resolution photos, artist biographies and the backstories of each piece of art, this digital platform functions as a living archive. In order to make the sustainability discussion more widely available, the website also emphasises themes of climate resilience and local history while offering downloadable media materials.

Kartikey Hariyani, Founder & CEO, CHARGE ZONE, said, “EV charging stations are a gateway to the future of mobility and with Shwa, we’re using them to tell stories that matter. We’re starting with just three murals across our Supercharging stations, but in the next six months, we aim to bring this experience to 10–12 more sites. Over the next five to six years, our ambition is to create a few hundred such installations across the country. This is not just about infrastructure, it's about sparking emotional connection and climate consciousness through art that speaks to everyone. I am thankful to our young team of millennials and GenZ for conceptualising and seeding the process from idea to execution.”

Devbrat Hariyani, Project Shwa Head, CHARGE ZONE, said, “Infrastructure should serve more than just function, it should inspire. With Shwa, we’re creating spaces where culture, community and climate intersect. These murals are invitations to slow down, to think and to feel. Over time, as hundreds of these works bloom along our highways, we hope to create an evolving living archive that’s open to everyone.”

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Terra Charge, India’s leading EV charging infrastructure provider, has taken a significant step towards enhancing electric vehicle adoption in Northeast India by inaugurating a new charging station at Maharaja Bir Bikram (MBB) Airport in Agartala. This initiative, launched in collaboration with the Airports Authority of India (AAI), marks a crucial development in Tripura’s evolving EV ecosystem.

The charging station, strategically located near the airport’s VIP car parking area, is equipped with both 7.4 kW and 10 kW chargers, catering to a variety of electric vehicles. EV drivers can easily locate the station via the Terra Charge Mobile App and initiate charging sessions with digital payments, offering a fully contactless and user-friendly experience. The inauguration ceremony saw the presence of key officials, including State Transport Department Secretary C K Jamatia and Airport Director K C Mina, underscoring the government’s support for sustainable mobility solutions.

This project is part of a long-term partnership between Terra Charge and AAI to modernise India’s airports with future-ready EV charging solutions. By leveraging Japanese technology, the station ensures high efficiency and reliability, aligning with India’s broader goal of achieving 30 percent EV penetration by 2030. The move not only supports Tripura’s green mobility ambitions but also sets a precedent for further EV infrastructure expansion across the Northeast.

Go Suzuki, Managing Director, Terra Charge, said, “This launch marks another milestone in our mission to make EV charging accessible, reliable and convenient for all. Airport locations are critical transit hubs, and by enabling EV users to recharge effortlessly here, we are eliminating a key barrier to EV adoption. In addition, our partnership with AAI reflects a shared commitment to accelerating India’s green mobility transition. With this new charging station at MBB Airport, we are one step closer to a future where range anxiety is a thing of the past.”

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Yulu, the Bangalore-based EBITDA-profitable shared electric mobility company, has launched its services in Zirakpur (Punjab), marking its first franchise partner-led foray in North India. The franchise partner, SP NexGen is a venture by mobility entrepreneur Sahil Goyal and will deploy and manage Yulu’s full-stack mobility ecosystem – including its purpose-built DeX goods mobility EVs and technology platform. 
Yulu will fully support SP NexGen in its endeavour that also heralds the expansion of the franchise business model, the Yulu Business Partner (YBP) initiative in the country’s North post a successful rollout over the past year across Central, South, West and East India.
Considered a gateway to Punjab, Zirakpur’s strategic location between Chandigarh, Panchkula and Ambala makes it a high-potential launchpad for future-ready mobility solutions. The new offering will serve Chandigarh Tricity’s growing demand for grocery and food delivery by unlocking sustainable, eco-friendly and cost-effective EVs for brands and gig workers in the region. SP NexGen’s vast market knowledge, combined with Yulu’s IoT-enabled smart hardware, innovative technology and robust support ecosystem, will provide a compelling alternative to existing mobility options across the Tricity.
 Yulu and SP NexGen will initially deploy DeX GR EVs in Zirakpur, followed by Peer Muchalla and Kharar, with plans to maximise the penetration of rental EVs in and around Chandigarh Tricity.
Speaking on the expansion, Amit Gupta, Co-founder & CEO, Yulu, said, “Chandigarh Tricity is a fast-emerging urban centre and an ideal starting point for our expansion in North India. With Sahil Goyal as our partner, we’re confident in our ability to accelerate EV adoption in the region, starting with Zirakpur. The Tricity’s dynamic growth, demand for green logistics, and policy support for EVs align well with Yulu’s mission to build a cleaner, more efficient urban mobility ecosystem.”
“With this launch, Yulu is present in ten cities, including six through our YBP partners. We remain committed to collaborating with entrepreneurs across India to democratise clean, accessible and sustainable mobility alternatives,” he added. 
Yulu’s comprehensive support to its partner includes training on the operations and growth playbook, unit economics, profitability pathways and enterprise collaboration. Ahead of the launch, pilot deployments were conducted in various brands’ dark stores in Zirakpur to validate product-market fit. Yulu has also facilitated direct business linkages with Swiggy, Zomato, Zepto and Blinkit to ensure early-stage success.
Yuma Energy, which is claimed to be India’s leading battery as a service (BaaS) company, will power the fleet with two swapping stations. Additional Yuma Energy stations and alternative energy solutions will be deployed as demand scales.

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