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

📆 12/15/2021 7:21 AM
📰 ChannelNewsAsia

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BENGALURU : 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 7.4per cent after media reports

BENGALURU : India's TVS Motor Company said on Wednesday it will develop electric vehicles 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 and Ather are ramping up investment in electric scooters, forcing legacy two-wheeler makers like TVS and Bajaj Auto to follow suit.

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