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TVS Motors Shares Traded 2% Higher On Introducing Variants to iQube Electric Vehicles

The TVS iQube Electric series, which uses TVSM’s in-house EV technology, has sold over 300,000 units

Shares of TVS Motor gained 2% on May 13, as it recently launched new variants for its TVS iQube portfolio, allowing more people to have access to electric mobility. 

The TVS iQube Electric series, which uses TVSM’s in-house EV technology, has sold over 300,000 units and is now available in three battery options: 2.2 kWh, 3.4 kWh, and 5.1 kWh. Additionally, the TVS iQube ST now comes in two variants. 

The portfolio offers a range of five variants available in eleven colours, starting at an introductory ex-showroom price of INR 94,999.

TVS Motor Company is committed to offering sustainable mobility solutions and empowering customers with the power of choice. 

The company has launched a new variant of the TVS iQube with a 2.2 kWh battery, while simultaneously delivering the TVS iQube ST to customers. These new variants make the TVS iQube series one of the largest and most attractive EV portfolios in the market.

TVS iQube is inspired by three fundamental principles: giving customers the power of choice, complete assurance, and simplicity of usage. 

The TVS iQube range now has five variants, ensuring there is a perfect match for every member of the family. 

The company’s commitment to driving innovation and sustainability in the industry is reflected in its EV products, which provide the most appropriate range and price combination to customers.

Manu Saxena, Senior Vice President of EV Business at TVS Motor Company, said, “We are very happy to launch an all-new 2.2 kWh fastest charging variant in TVS iQube and an additional variant in TVS iQube ST. TVS iQube Electric series now comes with 3 battery options providing the most appropriate range and price combination to our customers.”

TVS Motor Company is a global manufacturer of two and three-wheelers, championing progress through sustainable mobility. 

Its products lead in their respective categories, and the company is committed to delivering the most superior customer experience across the 80 countries in which it operates.

However, at 3:20 pm, the shares of TVS Motors Limited traded flat on NSE.

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