TVSs and caps have different functions:
Caps will help filter ripple current on running and somewhat on braking. The only trouble with adding lots of capacitance is the enormous hook-up spark, but if you know what you're doing, you can use a no-spark resistor, even on certain ECS.
TVS devices will shunt excess voltage spikes generated during braking. But, they do have limits to what they can safety shunt. The power they have to dissipate is (V_spike - V_tvs) * braking_A. So, if the voltage spike is 25v using a 14.8v battery and the braking current is 15A, that's
153w on that itty-bitty device. Granted, the spikes are very short in duration, so that helps immensely, but if you're going a lot of hard braking, they will overheat. So, using multiple TVS devices can be used to spread this load out a bit making each last longer. Vehicle weight, braking time, gearing, and voltage all play a role in how large the spikes are.