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TVS Motor's Venu Srinivasan: 'EV is not the only solution', backs ethanol and customer choice of technology

Latest update, : EVs not the sole answer to cutting emissions, says TVS Motor's Venu Srinivasan

TVS Motor's Venu Srinivasan said Indian two-wheelers are exported to 151 countries, with Africa the first priority. He backed customer choice of technology and ethanol, saying up to E10 should not be optional and EV is not the only solution.

What we verified

Checked against the other reports of this story.

Why the change matters

Expect TVS to favor partnerships and assets that serve African distribution and flex-fuel or ethanol-compatible tech over EV-only bets, so screen targets against that technology-neutral, export-first lens.

What to watch next

  • TVS announcements of new ethanol-compatible or flex-fuel models
  • TVS export disclosures naming new African markets or local assembly
  • Government statements on fuel-blending targets beyond E10
  • Changes to EV subsidies or incentives for two-wheelers
  • Rival two-wheeler makers' EV share gains in quarterly results

Likely next moves

Our read of what comes next — analysis, not reported by the source.

  • TVS Motor is likely to keep presenting itself as technology-neutral, pairing EV launches with ethanol-compatible and petrol models rather than committing to a single powertrain.
  • Expect TVS to put Africa first in export expansion, adding distribution and product variants suited to those markets as it builds on its 151-country footprint.
  • EV-focused rivals may rebut the choice-of-technology framing by stressing running costs and emissions, sharpening the public split between EV-first and multi-fuel makers.
  • Policymakers and industry bodies are likely to keep E10 as the working fuel baseline, and may cite manufacturer support like Srinivasan's when discussing fuel-blending roadmaps.
  • Other ICE-heavy two-wheeler makers may echo the customer-choice line, especially where their EV lineups are thinner.

Updates

Each later report on this story, newest first. Earlier entries are never edited; a correction is a new entry.

  1. Read the update at Business Standard

    EVs not the sole answer to cutting emissions, says TVS Motor's Venu Srinivasan

The source

Source Read the source at CNBC-TV18

Published

Confirmed by ET Small Business, The Hindu BusinessLine, The New Indian Express Business, Business Standard

First seen

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