TVS stops producing electric vehicles due to low demand

Sale voltage drop forces TVS to suspend supply of electric vehicles

Down with the sale volume, TVS motor company said it has stopped its production of electric vehicles. The electric vehicles range includes electric three wheelers and Scooty Teenz. As a result there won’t be any launch of electric three wheelers, said the company’s Marketing President. In addition there won’t be production of existing electric versions of scooterette which is in extinct for the past one year. TVS had planned to sell 40000 units of Scooty Teenz electric when it was launched in 2008 at Rs29900.

Not able to cope with the downward trend for electric two wheelers, TVS has now put down all its focus on its routine scooter and motorcycle ranges. Yet, the pending units of electric vehicles may be with some dealers, he added.

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