Thursday, November 21, 2024

Business

TVS Motor Company believes that setting up a new subsidiary will aid in its global expansion in the electric vehicle segment.

TVS Motor Company believes that setting up a new subsidiary will aid in its global expansion in the electric vehicle segment.

TVS Motor Company will produce a new attachment that will shoulder its electric mobility business. The brand has finalised this decision to increase its presence in the electric vehicle member.

TVS Motor Company believes that setting up a new attachment will prop in its global expansion in the electric vehicle member. The establishment is also planning to invest a whopping Rs crore in the EV space.

Presently, TVS Motor Company has only one electric two-wheeler on trade in the request-the iQube. It was launched in January last time and is now available in 33 metropolises across the country.

TVS Motor Company has also joined hands with Tata Power. Under the strategic cooperation, both brands aim to boost electric mobility in the country by creating a devoted E2W charging structure.

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