TVS Motor share price is drawing investor attention after the company announced a key global expansion move. The EV flagship TVS iQube is set to make its debut in Indonesia at an introductory price.
TVS Motor share price witnessed a decline of 0.74% to ₹2,775 on the National Stock Exchange as of 1:14 PM on June 17, 2025. This movement coincided with a major announcement from the company, marking its global electric vehicle (EV) expansion efforts.
PT TVS Motor Company Indonesia, a subsidiary of TVS Motor Company, unveiled the launch of its flagship electric scooter TVS iQube in Indonesia. The launch comes with an attractive introductory price of IDR 29.9 million, with bookings opening on 19th June 2025. The model will be showcased at the new TVS Experience Centre in Rumaradal, Jakarta and at the Jakarta Fair.
TVS iQube is tailored for urban commuting and combines comfort with smart features. It offers a real-world range of 115 km on a single charge, a top speed of 78 kmph, and accelerates from 0–40 kmph in 4.2 seconds. The scooter is powered by a dual lithium-ion battery and a 950-watt portable charger, reaching 80% charge in just 3 hours.
Smart features include:
The TVS iQube S will be assembled locally at the East Karawang manufacturing plant in Indonesia and is available in three colour options: Mercury Grey, Mint Blue and Copper Bronze. The facility, capable of producing up to 300,000 vehicles annually, is expected to play a significant role in TVS Motor’s strategy in Southeast Asia.
Globally, the TVS iQube has already been chosen by over 600,000 customers. This reflects the brand’s growing trust and its position in the EV space. The entry into Indonesia marks a key milestone for TVS Motor’s international business ambitions.
Commenting on the launch, senior executives highlighted that the move aligns with Indonesia’s EV adoption trend, which has grown at a compounded annual growth rate of 101% over the last three years. The company aims to support this momentum with reliable and sustainable mobility options.
Read More: Why Foreign Investors Are Exiting Indian Stock Markets — But Markets Are Still Rising!
TVS Motor Company is a global manufacturer of two and three-wheelers with operations in over 80 countries. Known for its innovation and sustainable mobility solutions, it has been awarded prestigious recognitions, including the Deming Prize. The group’s portfolio also includes international e-mobility brands such as Norton Motorcycles in the UK and Swiss E-Mobility Group in Switzerland.
The launch of TVS iQube in Indonesia highlights TVS Motor’s focus on strengthening its global EV footprint. The group’s portfolio also includes international e-mobility brands such as Norton Motorcycles in the UK and Swiss E-Mobility Group in Switzerland.
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Published on: Jun 17, 2025, 2:12 PM IST
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