TVSMOTORNSETVS Motor Company Limited· Automobiles - 2 And 3 WheelersLowNeutral
Announced Thu, 21 Aug · 15:04 IST

TVS Motor Company Limited has informed the Exchange regarding a press release dated August 21, 2025, titled "TVS KING KARGO HD EV, LAUNCHED USHERS IN A NEW ERA IN CARGO MOBILITY".

TVSMOTOR · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

TVS Motor Company has launched the TVS King Kargo HD EV, an electric cargo three-wheeler aimed at urban and semi-urban last-mile delivery operators. The company also showcased a CNG variant of the same model, which is expected to launch before the end of calendar year 2025. The EV is priced at Rs. 3.85 Lakhs (ex-showroom Delhi) and will initially be available in Delhi, NCR (Faridabad, Noida, Gurgaon, Ghaziabad), Rajasthan, and Bengaluru. Key features include India's first Bluetooth-enabled cargo three-wheeler with TVS SmartXonnect (26 smart features), top speed of 60 km/h, 6.6 ft load deck, 500mm water wading capacity, 235mm ground clearance, 3 hours 10 min charging time, and a 6 years/1.5 lakh km warranty. The vehicle is powered by TVS Connect Fleet, a telematics platform with 31 features for fleet operators.

Likely market impact

This launch expands TVS Motor's presence in the growing commercial EV and last-mile logistics segment, potentially driving revenue growth and strengthening its position in the electric cargo mobility market. The rollout across key markets signals a push to capture early demand in India's e-commerce and delivery-driven economy.