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TVS Motor Company is fast upping the ante on its global footprint with both its IC engine two-wheelers and also electric vehicles. Having launched retail operations and eight products including the iQube and X EVs earlier this month in Italy , the Chennai-based auto major has launched its iQube electric scooter in SriLanka.
Battery technology advancements, robust charging infrastructure, and affordability remain key challenges. While immediate expansion plans are domestic, the company sees potential in exports to markets such as SriLanka, Bangladesh, Nepal, and Africa, as they are transitioning away from fossil fuels.
And while true that options were limited at the time – Hyundai Santro , Tata Indica, Maruti Suzuki Zen and Daewoo Matiz to name a few in the affordable category, WagonR was a more complete package backed by the leading carmaker in the country. Also Read : Five alternatives to WagonR in today’s market Why is Maruti WagonR popular?
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