TVS Motor launches premium electric scooter ‘X’; stock rises

TVS Motor Company has launched its second electric scooter, the TVS X, at an introductory price of ₹2.50 lakh (ex-showroom, Bengaluru) as part of its commitment to offer sustainable mobility solutions globally. The bookings for the flagship electric two-wheeler started on August 24 while deliveries across 15 cities will start from November 2023 in a phased manner.

“TVS X will be available at a Thrill-electric introductory price of ₹2,49,990 (Ex-showroom Bengaluru) with portable 950W chargers at ₹16,275 (including GST) and a 3kW Smart X Home rapid charger is also available as an option. FAME incentive is not applicable for TVS X,” the auto major said in a BSE filing on August 23.

As per the company, the premium electric crossover has set a new benchmark in the global electric mobility industry with its stunning design, unmatched performance, and cutting-edge tech features, carving out a new category in the electric mobility segment. It is designed for a new segment of customers – Gen Z and millennials.

“This launch marks a defining moment in TVS Motors’ journey of showcasing a made-in-India EV, the TVS X. It has been designed for the global citizens, who are trendsetters and visionaries with a passion for technology. It is set to inspire a shift towards premium yet sustainable and technologically advanced mobility solutions,” says Sudarshan Venu, managing director, TVS Motor Company.

“The TVS X embodies innovation with a disruptive mindset. It has sustainability at its core and embodies the next era of clean mobility. With its remarkable performance, premium aesthetics, and integrated, intuitive, and personalised experiences, we believe it will redefine mobility worldwide,” he adds.

This e-scooter has been developed from the ground up at TVS Motor’s R&D facility. Designed, developed, and made-in-India, TVS X comes with a "powerful electric motor" and advanced battery technology. “This flagship EV from the house of TVS Motor introduces not only stellar performance, but also an array of safety features, with a number of class leading offerings in line with its vision of creating a clean, intuitive and tech-first product,” the company says.

As per the company, the three pillars defining the TVS X are cutting-edge design, high-performance battery pack, and connected technology.

The TVS X is built on a high precision cast aluminium alloy frame as its centerpiece. The TVS Xleton frame has been developed with optimum stiffness and durability in mind. This also boasts of a segment 1st Ram Air Cooled Motor as opposed to existing forced convection cooling methods, that allows dynamic cooling for critical parts, and delivers sustained performance.

In terms of performance, the TVS X is claimed to be the most powerful EV in the segment with class leading acceleration of 0- 40kmph in 2.6 seconds and a top speed of 105 kmph at 11kW of peak power. The e-scooter also comes with three driving modes: Stealth, Xtride, and Xonic.

TVS X has a high-performance battery pack that delivers 4.44kWh of installed capacity energy, one of the best in the segment. The in-house developed Battery Management System at TVS Motor ensures safe operation and prolonged lifespan of the cells by continuously monitoring current flow. TVS X comes with an option of Smart X Home rapid charger, that delivers 0 - 50% in 50 minutes (optional add-on 3 kW fast charger) OR portable charger delivering 0 - 80% in 4 hours 30 minutes (950W charger).

The scooter also has segment-first features like wellness, gaming, live video streaming, and internet browsing designed for all riding episodes. In addition, there is another layer of safety that comes with the TVS Smart Xhield. It helps safeguard the rider with proactive safety features like crash alert and tow alert and also offers dedicated assistance while enhancing security.

Reacting to the news, TVS Motor shares rose as much as 1.2% to ₹1,373 against the previous closing price of ₹1,355.45 on the BSE. The market capitalisation increased to ₹65,182 crore with 0.2 lakh shares changing hands over the counter so far. 

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