Wednesday, October 15, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

Markets: TVS Motor strengthen electrification across diverse mobility segments

Fiinews by Fiinews
January 14, 2022
in Investment, Technology
Reading Time: 2 mins read
A A
0
TVS Motor Company
0
SHARES
10
VIEWS
LinkedinShare on Twitter

Collaboration to work on customised packages such as flexible financing options

TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers globally, is committed to strengthen electrification across diverse mobility segments through a partnership with Swiggy’s which is adopting EVs in its delivery fleet and is rated as India’s largest on-demand delivery platform.

TVS Motor and Swiggy have signed a Memorandum of Understanding for exploring the co-creation of sustainable and comprehensive solutions for Swiggy’s delivery partners.

The collaboration will include working on customised packages like a need-specific product, flexible financing options and connected services.

Notably, the pilot will play a vital role in the adoption of EVs in food delivery and on-demand delivery services, Hosur, Tamil Nadu-based TVS Motor said on 13 Jan 2022.

TVS Motor Company has been at the forefront of delivering green and connected vehicles to customers.

“Our collaboration with Swiggy is a key step towards strengthening the electrification of mobility in food delivery and last-mile delivery services, furthering the easy adoption of EVs amongst customers. This also marks our foray into showcasing our commitment in the electric commercial mobility segment,” said Manu Saxena, Senior Vice President – Future Mobility, TVS Motor Company.

“We look forward to our alliance with Swiggy, who are the leaders in the Indian food and on-demand delivery market and are leading the way in creating a wide and sustainable e-mobility ecosystem in the country,” Saxena said.

Swiggy has been pioneering the need for greater EV adoption, with a commitment to make deliveries spanning 800,000 kilometres per day through EVs by 2025.

“We believe they offer a sustainable solution in green mobility while also empowering our delivery partners to earn more. This pilot with TVS will help us better understand the needs of the delivery fleet and the steps we can take to make our operations more greener and sustainable,” said Mihir Rajesh Shah, Vice President Operations, Swiggy.

The MoU is in line with its commitment to expanding the presence of TVS iQube Electric across all major cities by the end of the financial year. The electric scooter is presently available in 33 cities, including Delhi, Bangalore, Chennai, Pune, Kochi and Coimbatore.

TVS Motor is a reputed two and three-wheeler manufacturer and the flagship company of the US$8.5 billion TVS Group.

Founded in July 2014, the Bangalore-headquartered Swiggy operates in 500 Indian cities as of September 2021, and is rated as one of India’s largest online food ordering and delivery platform. fiinews.com

Tags: TVS Motor Company Limited
ShareTweetShare

Related Posts

India mongolia
Investment

Invest: India funds Mongolian oil refinery

by Fiinews
October 15, 2025
0
11

India and Mongolia are close neighbours, says PM Modi India, a strong and reliable partner in Mongolia’s development, is extending...

PIB
Investment

Invest: Google invest $15bn in Data Centre

by Fiinews
October 15, 2025
0
13

Google sets up first AI hub in India The upcoming 1-GW hyperscale US$15 billion Google Data Centre in Visakhapatnam is...

NHSBA

Tech: Infosys gets 15-year contract with NHSBSA

October 15, 2025
13
VIT

Tech: Deaken-VIT offer Cyber Security program

October 15, 2025
12
Google

Tech: TechBharat-Google AI CoE for public good

October 14, 2025
13
Hcltech

Tech: HCL joins MIT Media Lab

October 14, 2025
14
SBI YONO
Sabit

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Export: India calls for Spice Standards
  • Invest: India funds Mongolian oil refinery
  • Invest: Google invest $15bn in Data Centre
  • Tech: Infosys gets 15-year contract with NHSBSA
  • Market: Pune to strengthen Orion capabilities

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.