TVS Motor Company Limited has informed the Exchange regarding a press release dated March 12, 2026, titled "TVS Orbiter V1 launched; Now Available From Rs 49,999 with BaaS".
TVSMOTOR · price
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Awaiting price reaction for this filing.
TVS Motor Company launched a new electric scooter, the TVS Orbiter V1, with a 1.8 kWh battery, certified IDC range of 86 km, and 0–80% charging in about 2 hours 20 minutes. The starting price is ₹49,999 (ex-showroom Delhi, inclusive of PM e-Drive subsidy) under the new Battery-as-a-Service (BaaS) model, or ₹84,500 without BaaS. BaaS is now offered across TVS's entire EV scooter portfolio, with monthly payments starting at ₹862 and an extended warranty of up to 5 years/70,000 km included. The Orbiter range now has two variants — V1 (1.8 kWh) and V2 (3.1 kWh) — targeting affordable urban EV commuting.
This expands TVS Motor's EV lineup at a more accessible price point, which could support volume growth in the electric two-wheeler segment. However, the announcement is a product launch and pricing disclosure, with no direct impact on revenue guidance or order book disclosed in this filing.