TVS Motor shares are expected to be in focus after the company officially launched its flagship electric scooter, TVS iQube, in Indonesia at an introductory price of IDR 29.9 million. This move marks a significant expansion for TVS in the ASEAN market, with bookings set to begin on June 19, 2025.
Built for urban mobility, the TVS iQube offers a real-world range of 115 km per charge, 0–40 kmph acceleration in 4.2 seconds, and a top speed of 78 kmph. It features a dual lithium-ion battery system and a 950W portable charger, enabling 0–80% charging in 3 hours. The scooter also boasts a 7-inch TFT cluster, SmartXonnect technology, geofencing, and Q-Park assist.
This expansion aligns with TVS Motor’s strategy to strengthen its global EV footprint. With over 600,000 customers worldwide already choosing the iQube, the company aims to tap into Indonesia’s fast-growing EV segment, which has recorded a 101% CAGR in the last three years.
TVS iQube will be assembled at the company’s Karawang facility and showcased at the Jakarta Fair.
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