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TVS Motor to invest Rs 1,000 cr to manufacture electric vehicles BusinessToday.In © Provided by Business Today TVS Motor to invest Rs 1,000 cr to manufacture electric vehicles  India’s largest two-wheeler maker TVS Motor has committed Rs 1,000 crore to manufacture electric vehicles under a separate vertical. The company has set up a dedicated factory for the manufacturing of these e-vehicles, which it says is scalable. The EV plant is expected to have a capacity of around 1 lakh units a year, including both two-wheelers and three-wheelers. The company is also developing an integrated vehicle structure, with manufacturing of battery and other critical parts managed in-house.

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