India’s TVS Motor Company will develop electric vehicles (EV) with BMW’s motorcycle brand in India, joining a host of Indian automakers that have sought to expand their clean mobility offering. The tie-up comes at a time when new-age start-ups like Ola Electric & Ather are ramping up investment in electric scooters.
Under the extended scope of the partnership, the companies plan to come up with an electric vehicle platform in addition to the existing internal combustion platform for both global and domestic markets. The first product under the enhanced co-operation, an electric model suited for the urban ecosystem, is expected to make its debut in the next 24 months.
Important takeaways for all competitive exams:
- TVS Motor Company CEO: K. N. Radhakrishnan;
- TVS Motor Company Headquarters: Chennai;
- TVS Motor Company Founder: T. V. Sundram Iyengar;
- TVS Motor Company Founded: 1978.