TVSMOTORNSETVS Motor Company Limited· Automobiles - 2 And 3 WheelersMinimalNeutral
Announced Fri, 15 May · 16:00 IST

TVS Motor Company Limited has informed the Exchange regarding a press release dated May 15, 2026, titled "TVS MOTOR COMPANY STRENGTHENS EV PORTFOLIO IN NEPAL WITH THE LAUNCH OF TVS KING EV MAX".

TVSMOTOR · price

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Price reaction · full curve 14 horizons · vs prior close
-5.2%1-day move
₹3467.00
prior close
₹3430.00
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AI summary

TVS Motor Company launched its connected passenger electric three-wheeler, TVS King EV MAX, in Nepal on May 15, 2026. The vehicle offers a certified range of 179 kms on a single charge, with fast charging capability achieving 0-80% charge in just 2 hours 15 minutes. Key features include an 11 kW motor, 9.2 kWh lithium-ion LFP battery, smart connectivity via TVS SmartXonnect, and best-in-class acceleration of 0-30 km/h in 3.7 seconds. The product comes with a 6-year/150,000 km warranty and will be available across Nepal's dealership network by June 2026 through distributor Jagdamba Motor Private Ltd. This launch marks TVS Motor's entry into the electric three-wheeler market in Nepal, targeting the growing last-mile urban transport segment.

Likely market impact

The launch expands TVS Motor's EV portfolio into a new geography and strengthens its position in Nepal's fast-growing electric three-wheeler market, potentially driving future revenue growth from international operations.