TVS Motor Company has launched the TVS Orbiter V1, its most accessible electric scooter, priced from ₹49,999 with Battery-As-A-Service (BaaS). The launch marks an expansion of its electric vehicle portfolio.
The TVS Orbiter V1, featuring a 1.8 kWh battery, is designed for urban commuting with a certified IDC range of 86 km. It offers features such as a connected mobile app, LED headlamp, and a coloured LCD cluster. The scooter supports 0–80% charging in approximately 2 hours and 20 minutes.
The BaaS model allows customers to subscribe to battery usage, reducing upfront costs and offering flexible payment plans starting at ₹862 per month. Customers can also choose to buy the scooter without BaaS for ₹84,500.
Gaurav Gupta, President of India 2W Business, stated that the launch of TVS Orbiter V1 and the introduction of BaaS provide a flexible ownership experience, enhancing accessibility to electric vehicles.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).