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TVS Motor targets global expansion of electric two-wheelers, sees India as key export hub

TVS Motor Company plans to boost sales of its electric vehicles in both developed and developing markets, betting on India’s potential to become a major export hub for electric two-wheelers. The company aims to leverage its facility in Indonesia to serve nearby ASEAN markets, where it began selling its electric scooter, the TVS iQube, last year. In the first quarter of the current fiscal year, TVS sold 52,000 electric two-wheelers, up from 39,000 units in…