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.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
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:
Did you know that the stock market in India is carefully watched and regulated to…
Did you know that one of the world’s oldest universities was built in ancient India…
Pakistan opener Sahibzada Farhan has been announced as the ICC Men’s Player of the Month…
India's pace bowler Arundhati Reddy has been named ICC Women's Player of the Month for…
Did you know that physics helps us understand how the world around us works, from…
Rwanda's young cricketer Fanny Utagushimaninde has scripted the history by becoming the youngest centurion in…