Archive · 22 Aug 2025
TVS Enters EV Cargo Market With King Kargo HD Launch
TVS has released a new electric three-wheeler called the King Kargo HD EV for carrying goods.
This move is to dominate the city logistics business.
The vehicle is priced around ₹3.85 lakh in Delhi.
It is available first in cities such as Delhi NCR, Rajasthan, and Bengaluru.
TVS believes that most of the three-wheelers sold will be electric by the end of this decade.
Government subsidies are currently helping boost sales, though they may be phased out.
TVS launched the King Kargo HD EV, an electric three-wheeler for cargo.
The vehicle aims to capture the urban logistics market.
It is initially available in Delhi NCR, Rajasthan, and Bengaluru.
TVS expects EVs to account for 60% of heavy three-wheeler sales by 2030.
The ex-showroom price in Delhi is ₹3.85 lakh.
- Who
- TVS Motor Company.
- What
- TVS launched the King Kargo HD EV, an electric cargo three-wheeler.
- When
- Announced recently.
- Where
- Initially in Delhi NCR, Rajasthan, and Bengaluru.
- Why
- To enter the electric three-wheeler cargo market and capture urban logistics.
- Vehicle
- King Kargo HD EV
- Type
- Electric cargo three-wheeler
- Price
- ₹3.85 lakh (ex-showroom, Delhi)
- Target Market
- Urban and semi-urban logistics
- Future Plans
- King Kargo HD CNG variant by the end of 2025
- EV Sales Projection
- 60% of heavy three-wheeler sales by 2030
Sources
TVS Launches King Kargo HD EV With Segment-First Features At Rs 3.85 lakh
TVS King Kargo HD EV launched in India
TVS Motor forays into electric 3-wheeler cargo with TVS King Kargo HD EV
TVS Motors launches King Kargo HD EV, India's first Bluetooth-enabled cargo 3-wheeler — price, details here
