India two-wheeler maker TVS Motor raises capital spending to manufacture EVs

Jingyue Hsiao, Taipei; Yusin Hu, DIGITIMES Asia 0

India's TVS Motor is raising capital spending by 33% to INR8 billion (US$3 billion) to bring its electric motorcycle iQube nationwide and to raise monthly production of electric two-wheelers to 10,000 units by April 2022, according to Money Contr...

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