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As Electric Vehicle is the future, for a greener future TVS Motor Company is gearing up to launch an electric version of its popular TVS XL 100 moped.
Known for its petrol engine model, the TVS XL 100 is a favored option among buyers, with prices ranging from Rs 44,999 to Rs 59,695 (ex-showroom, Delhi).
TVS has applied for trademarks for the TVS E-XL and TVS XL EV, creating buzz in the electric two-wheeler industry. Although specifics are not yet known, this move indicates a move towards electric mobility in the company's lineup. It is speculated that the electric XL 100 will have enhanced features and a longer range but may come at a higher price compared to its traditional counterparts.
The TVS XL 100, a lightweight moped loved for its affordability and efficiency, has enjoyed longstanding success in the Indian market. Its low operational costs and satisfactory performance have made it the vehicle of choice for various commercial applications, especially in last-mile delivery operations. The model's popularity is underscored by its impressive digital sales, which contribute significantly to the brand's profitability.
As it stands, the Kinetic E Luna is the only electric moped available in the Indian market. Priced between Rs 64,990 and Rs 74,990 (ex-showroom, Delhi), the Kinetic E Luna is available in two variants, each featuring different battery configurations. This model, offered in a variety of colors, currently dominates the electric moped segment, providing consumers with a greener alternative for their commuting needs.
The TVS XL 100 has been a staple in TVS's lineup for many years, consistently achieving remarkable sales figures. With the company's foray into the electric scooter market through the iQube, TVS is keen on expanding its electric vehicle offerings.
The filing of trademark applications for the TVS XL EV and TVS E-XL in early 2024 signals the company's commitment to integrating electric mobility solutions into its product range.
Considering the current landscape, where the Kinetic E Luna stands as the sole electric moped competitor, the introduction of the TVS XL EV or TVS E-XL could significantly alter the dynamics of the market.