TVS Motor to launch new EVs in current financial year

TVS Motor plans to launch new electric vehicles this fiscal year, signaling heavy investment in EVs and research. The company reported its highest-ever Q2 sales and revenue, with a 23.5% rise in net profit to Rs 662.6 crore. Two-wheeler sales grew by 14%, while EV sales surged 31%. Although exports to Africa face challenges, TVS remains optimistic about the upcoming festive season.
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