TVS Motor has kicked off export of its BMW electric-two wheeler. According to the latest export stats from the Society of Indian Automobile Manufacturers (SIAM), TVS exported 924 units of both its iQube Electric as well as what it classified as “BMW EV” in March 2024.
The company produced 15,246 units of the two EVs in March 2024, showed the SIAM stats.
TVS exported 113 units of the iQube electric in February and 249 units in the April 2023 to February 2024 period. The 924 units tally in March took its total e-two wheeler exports to 1173 units at the end of FY24.
TVS management has in the past announced that the company’s EV strategy included developing an electric two-wheeler platform with BMW Motorrad in the sub-15 kilo watt hour range.
Last October, TVS and BMW Motorrad jointly unveiled the CE-02 which is the first EV two-wheeler jointly developed by the two companies. Production of the product began at Hosur late last year.
TVS Motor has been making BMW’s best-selling 310 cc motorcycle series for nearly a decade, and the German and Indian companies have announced that the partnership of joint engineering and design will be deepened with this new product.