EVs Consumed 204.99 Million Units At Charging Stations In FY23
Electric vehicles which charged in charging stations across India consumed 204.99 million units of power in FY23. The data has been collected for the first time ever by Central Electricity Authority (CEA) from power distribution companies (discoms) across the country….
Indian Two-Sheeler Safety Standards One Of The Most Evolved In The World
When it comes to safety features in two-wheelers, India has one of the most evolved standards globally, said Vinay Harne, President, New Product Development of TVS Motor Company. According to Harne, the onus of providing affordable and reliable safety features…
TVS Motor Company Sales Grows By 13 Percent In July 2022
TVS Motor Company registered a growth of 13 percent in July 2022 with sales of 314,639 units as against 278,855 units in the month of July 2021. Two-Wheeler Total two-wheelers registered a growth of 14 percent in July 2022 with…
TVS Motor Acquires 75% Stake In Swiss E-Mobility Group
TVS Motor Company on Thursday said it has acquired 75% stake in the e-bike maker Swiss E-Mobility Group (SEMG) at a valuation of $100 million, with plans to buy out the remaining 25% stake next year. “We expect the e-bike…
EV Startup Ultraviolette Automotive Raises Funding
TVS Motor-backed sustainable mobility startup Ultraviolette Automotive has raised an undisclosed amount in a Series B investment round from Kumar Vembu, CEO of GoFrugal Technologies. Earlier, Vembu had invested in the company in its Series A funding and now joins…
TVS Motor Raises Stake In Startup Ultraviolette, Invests Rs 30 crore
TVS Motor Company has raised its stake in Bengaluru-based electric vehicle startup Ultraviolette Automotive by pumping in Rs 30 crore. In FY20, it had invested Rs 11 crore in the startup, which aims to put a high performance electric bike…
TVS Announces Acquisition Of The European Brand Norton
TVS Motor Company has announced the Norton acquisition. Norton is one of the most iconic British brands, besides Triumph, Royal Enfield and BSA. Incidentally now all of the remaining famed British brands either have Indian owners or strong engineering relationships…
