TVS Motor is betting big on the electric three-wheeler segment with a capex spend of Rs 125 crore. The company unveiled its new connected e-three wheeler TVS King EV Max on Monday at the ongoing Bharat Mobility Expo.
While this product is both for the domestic as well as the international market, it is not being produced under TVS Motor’s just announced micro mobility partnership with Hyundai.
Rajat Gupta, business head, commercial mobility, TVS Motor Company, said, “The vehicle is being launched in UP, Bihar, J&K, Delhi and West Bengal, right away. It will be available across the country in the coming months.” The vehicle is priced at Rs 2.95 lakh (ex-showroom).
The vehicle boasts a range of 179 km on a single charge, quick charging in just two hours and 15 minutes for 0 – 80% charge and 3.5 hours for 100% charge, smart features like TVS SmartXonnect, real-time navigation, alerts and vehicle diagnostics through their smartphones.
It is powered by a 51.2V lithium-ion LFP battery with a top speed of 60 km/hour (ECO Mode: 40 kmph; City: 50 kmph; Power: 60 kmph). It’s being offered with a warranty of six ears / 150,000 km (whichever is earlier), along with 24/7 road-side-assistance for the first three years.
