TVS iQube Debuts in Indonesia: A Milestone in Global EV Expansion

In a major stride toward international electric mobility, TVS Motor Company has officially launched its iQube electric scooter in Indonesia, marking the company’s entry into Southeast Asia’s rapidly growing EV market. With bookings now open at an introductory price of IDR 29.9 million (around ₹1.6 lakh), TVS aims to deliver high-quality, reliable, and cost-effective EV solutions to Indonesian customers.

Why in News?

TVS Motor has made headlines by entering the Indonesian electric two-wheeler segment, one of Southeast Asia’s fastest-growing EV markets. The move aligns with the Indonesian government’s push toward green mobility, and comes as TVS celebrates the global success of iQube, which has surpassed 6 lakh customers. This marks a key milestone in India’s EV export growth and South-South technological collaboration.

Key Highlights of the Launch:

• Launch Date: June 17, 2025
• Product: TVS iQube electric scooter
• Introductory Price: IDR 29.9 million (~₹1.6 lakh)
• Market: Indonesia, via PT TVS Motor (subsidiary)
• Assembly Location: East Karawang, Indonesia
• Global Milestone: iQube has 6 lakh+ global users

iQube Specifications

• Real-World Range: 115 km per charge
• Top Speed: 78 kmph
• Acceleration: 0–40 kmph in 4.2 seconds
• Focus: Urban mobility, daily commutes, sustainable transport

Strategic Significance

• Indonesia’s EV two-wheeler market is growing at 101% CAGR over the past 3 years.
• TVS aligns with Indonesia’s national EV roadmap, supporting local manufacturing and reducing carbon footprint.
• The initiative will support job creation, technology transfer, and sustainable infrastructure.

Statements from Company Leadership:

• James Chan, SVP ASEAN: “Delighted to partner with Indonesia’s EV mission with a reliable product like iQube.”
• Madhu Prakash Singh, VP EV International: “iQube’s comfort and performance will resonate with Indonesian riders.”

Future Outlook

• TVS plans to strengthen its sales and after-sales network across Indonesia.
• Focus on building EV infrastructure and customer experience through innovation.