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Legacy 2W makers raise R&D spend as EV race intensifies
Financial Express Pune
|July 28, 2025
AFTER SURPASSING NEW-AGE startups in the electric two-wheeler (E2W) market, legacy manufacturers are stepping up research and development (R&D) investments in design and new product development to stay ahead of their tech-driven rivals.
TVS Motor has invested ₹1,025 crore in R&D in FY25, crossing the ₹1,000-crore mark for the first time. The country's third-largest two-wheeler maker has more than doubled its R&D spend over the past two years, from ₹495 crore in FY23 to a record high in FY25. The company said it continues to enhance its design, computing and validation facilities, with efforts focused on internal combustion engines, electric mobility, alternate fuels, flex fuels, advanced safety system
This story is from the July 28, 2025 edition of Financial Express Pune.
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