Tunwal E-Motors Ltd, a publicly listed electric mobility company focused on electric two-wheelers, has announced plans to expand its dealership network to over 1,000 touchpoints across India by FY 2026-27, which will strengthen its presence in high-growth markets and help accelerate EV adoption in the country.
This expansion comes as demand for affordable electric mobility is increasing, especially in non-metropolitan areas, due to rising fuel prices, growing environmental awareness and preference for cost-effective mobility solutions.
The company has also maintained strong business momentum, recording sales of 69,737 electric vehicles in the last financial year, representing a growth of 51.33% year-on-year. Currently operating across 19 states with a network of over 450 dealers, Tunwal has established a strong presence across Tier II and Tier III cities.
With its planned network expansion, the company aims to improve last mile reach, strengthen customer reach and accelerate EV adoption in underserved markets, where demand is growing but access to reliable electric mobility products and after-sales service infrastructure is limited.
As part of its strategy, the company will focus on high-potential regions in states including Tamil Nadu, Karnataka, Kerala, Andhra Pradesh, Odisha, West Bengal, Assam, Bihar and Uttarakhand, while further strengthening its presence in western markets such as Maharashtra, Gujarat and Rajasthan – regions that will drive the next phase of EV adoption in India.
Recognizing that adoption in emerging markets is often influenced by trust, service reliability and accessibility, Tunwal sees its dealership network as a key enabler. In parallel, the company is strengthening its integrated ecosystem through financing partnerships with Bajaj Finance and Bundela Fincorp, while also expanding its after-sales service network, spare parts availability and accessory offerings to ensure a seamless ownership experience.
Commenting on the growth, Mr. Jhumarmal Tunwal, Chairman and Managing Director, said, “Our growth reflects the growing acceptance of electric mobility across India. As we continue to grow, expanding our dealership network remains a key priority to ensure that customers across all segments get reliable EV solutions and support, especially in non-metro markets, where trust and accessibility play a key role in driving adoption. We believe this expansion will drive adoption across the country. “This will be helpful in widespread adoption of EVs.”
With annual revenues of over ₹250 crore and a portfolio of 23+ products, Tunwal E-Motors Limited is strengthening its long-term growth strategy through investments in lithium battery manufacturing and backward integration, thereby increasing its presence across the EV value chain. These investments are expected to strengthen the company’s competitiveness as it scales up operations and expands its national footprint.
