India's TVS Motor and BMW Motorrad tie up to make electric vehicles

India's TVS Motor and BMW Motorrad tie up to make electric vehicles

India's TVS Motor and BMW Motorrad tie up to make electric vehicles

Information about India's TVS Motor and BMW Motorrad tie up to make electric vehicles

Kevin David Scam or Legit


BENGALURU (Reuters) – India’s TVS Motor Company said on Wednesday it 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.
Earlier in the day, TVS shares jumped as much as 7.4% after media reports said the companies were likely to announce a joint alliance for making and exporting electric vehicles from India
The tie-up comes at a time when new-age start-ups like Ola Electric and Ather are ramping up investment in electric scooters, forcing legacy two-wheeler makers like TVS and Bajaj Auto to follow suit.
Top automakers like Mahindra & Mahindra and Tata Motors are also investing heavily in EVs as India has been encouraging automakers to go electric in a bid to reduce pollution and fuel imports.

Read More on Datafloq

Breaking Story – India's TVS Motor and BMW Motorrad tie up to make electric vehicles

The Latest News on India's TVS Motor and BMW Motorrad tie up to make electric vehicles

Source link
Category – Automation

Leave a Reply

Your email address will not be published.