Tue Jun 17 20:30:00 UTC 2025: Here’s a summary of the text, followed by a news article based on the information provided:

**Summary:**

TVS Motor Company has announced its entry into the Indonesian electric two-wheeler market with the launch of its iQube electric scooter. Bookings are now open at an introductory price of IDR 29.9 million (around ₹1.6 lakh). TVS cites the strong growth in EV adoption in Indonesia as a key factor, highlighting a 101% CAGR in the last three years. The iQube will be assembled in Indonesia, and TVS plans to develop its EV sales and after-sales network to enhance customer experience. The iQube offers a real-world range of 115 km on a single charge, a top speed of 78 kmph, and acceleration from 0-40 kmph in 4.2 seconds.

**News Article:**

**TVS Motor Company Charges into Indonesian EV Market with iQube Launch**

**New Delhi/Jakarta, June 18, 2025** – Indian automotive giant TVS Motor Company announced its foray into the Indonesian electric two-wheeler market yesterday, unveiling its all-electric iQube scooter. Bookings for the iQube are now open in Indonesia, with an introductory price of Indonesian Rupiah (IDR) 29.9 million, equivalent to approximately ₹1.6 lakh.

The company cited the burgeoning growth of the EV sector in Indonesia as a key driver for its expansion. “Electric vehicle adoption in the two-wheeler segment of Indonesia has seen a strong growth of 101% CAGR (compound annual growth rate) in the last three years,” stated James Chan, Senior Vice-President ASEAN, TVS Motor Company. “We are pleased to partner with the government efforts on promoting EVs with a reliable, high-quality product and attractive pricing in the form of TVS iQube.”

The iQube will be assembled at PT TVS Motor Company’s manufacturing facility in East Karawang, Indonesia. TVS plans to invest in developing a robust EV sales and after-sales network to ensure a superior customer experience.

“We are constantly striving to develop EV capability across our sales and after-sales network to deliver a superior customer experience,” added Mr. Chan.

According to Madhu Prakash Singh, Vice-President EV International Business, TVS Motor Company, the iQube has already surpassed 600,000 customers globally. “We are confident that the superior and comfortable riding experience of the TVS iQube will delight our customers in Indonesia,” he said.

The TVS iQube boasts a real-world range of 115 km on a single charge, a top speed of 78 kmph, and the ability to accelerate from 0-40 kmph in just 4.2 seconds, positioning it as a competitive option in the rapidly expanding Indonesian electric scooter market.

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