TVS Motor Company’s electric scooter push in India has hit a new gear. Between January and July 2026, the company sold over 3.07 lakh electric scooters, almost matching its full‑year 2025 EV tally of 3.15 lakh units. According to industry data, this makes TVS the fastest electric two‑wheeler manufacturer in India to cross 3 lakh retail sales in a single calendar year.
What’s driving TVS’s EV surge
The numbers are led by the TVS iQube family of electric scooters, now offered in India with multiple battery and range options:
- Price in India: roughly equivalent to Rs 1.8–2.6 lakh in Nepali currency (Rs 1.11–1.62 lakh ex‑showroom India)
- Battery options: around 2.2 kWh, 3.1 kWh, 3.5 kWh packs
- Claimed range: approximately 94 km to 212 km per charge, depending on variant
- Key features: USB charging, Bluetooth connectivity, LED lighting, smartphone‑linked instrumentation
In July 2026 alone, TVS sold around 55,000 electric scooters in India, its highest monthly EV figure yet. The company is averaging close to 44,000 units per month. If this run rate holds, total EV sales could cross 5 lakh units in 2026.
Nepal angle: Is TVS iQube coming here?
TVS is already a familiar name in Nepal, with petrol scooters like the Jupiter and Ntorq sold through authorized distributors and dealers. However, the TVS iQube is not yet officially launched in Nepal, and there has been no formal announcement from TVS’s Nepali distributor about an iQube launch, price or booking timeline.
Even so, the rapid scale‑up of TVS’s EV production in India has clear implications for Nepal:
- Better launch feasibility: With volumes now above 40,000 units a month, TVS has the manufacturing scale to support exports. Nepal is typically among the early export destinations for Indian two‑wheeler makers.
- Potential pricing band: If and when iQube comes to Nepal, landed prices are likely to sit around Rs 2.5–3.5 lakh depending on battery size, taxes and dealer margins. That would put it in line with premium petrol scooters and upcoming Chinese EV scooters.
- After‑sales readiness: High sales in India mean a maturing supply chain for batteries, motors and controllers. For Nepali buyers, this could translate into better parts availability and more reliable servicing once the model arrives.
What Nepali buyers should watch
For now, the story is about India, but it still matters for Nepali riders considering an EV scooter:
- TVS’s strong EV performance makes it more likely that the iQube or future TVS EV scooters will be offered in Nepal once local charging infrastructure and policy support improve.
- High volumes generally help bring down component costs, which, over time, can support more competitive EV pricing in export markets like Nepal.
Until an official launch is confirmed, the iQube remains an India‑only option that Nepali buyers can’t yet purchase locally. Its success is an early signal of what the next wave of mainstream EV scooters in Nepal could look like.
Current prices on Nepal AutoMart
- TVS iQube EV price in Nepal: Rs 2.8 lakh – Rs 3.4 lakh ex-showroom, 3 variants
Writes on vehicle pricing, taxation and the Nepali auto market from ongoing tracking of distributor price lists. Editorial policy.
