With the highly fast-growing electric two-wheeler market in Indonesia, TVS Motor Company has strategically entered the market by launching its electric two-wheeler scooter, the TVS iQube. PT TVS Motor, the Indonesian subsidiary of the company has started booking the iQube at an attractive rate of IDR 29.9 million (approximately 1.6 lakhs).
In Indonesia, the adoption of two-wheel electric vehicles has recorded a remarkable 101 percent CAGR in the last three years. TVS Motor hopes to provide a solution to the country's green mobility objectives by offering a product that is robust and competitively priced. “Electric vehicle (EV) adoption in the two-wheeler segment of Indonesia has seen a strong growth of 101 per cent CAGR in the last three years. We are pleased to partner with the government efforts on promoting EVs with a reliable, high quality product and attractive pricing in the form of TVS iQube,” said James Chan, Senior Vice-President ASEAN, TVS Motor Company.
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The iQube will be assembled at the PT TVS Motor plant in East Karawang, supporting local manufacturing efforts. “We are constantly striving to develop EV capability across our sales and after-sales network to deliver a superior customer experience,” Chan added.
Globally, the iQube has reached over 6 lakh customers. “We are confident that the superior and comfortable riding experience of the TVS iQube will delight our customers in Indonesia,” said Madhu Prakash Singh, Vice President, EV International Business. The iQube delivers 115 km real-world range, a top speed of 78 kmph, and 0–40 kmph in just 4.2 seconds.
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