Tata Motors and MG Motor were the first to sell more than 7,000 electric vehicles in March, a 100% increase over the same month last year. TVS Motor Company is second in the market for electric two-wheelers, after Ola Electric. Data from the Federation of Automobile Dealers Associations (FADA) shows that Tata Motors sold 7,137…
Leading two and three wheeler producers, TVS Motor Company, plans a ‘product offensive’ strategy and strong success story on the export front in FY23 even as it is cautiously optimistic about the growth outlook. “The company will launch additional products, including electric vehicles with outstanding technologies,” Ralf Dieter Speth, Chairman, TVS Motor, said at the…
The two-wheeler industry is noticing a turnaround in sales after months of poor performance unsettled to multiple factors, including limited demand from rural areas. A major reason of the better numbers is the low base as markets started reopening after the pandemic subsided, said Industry Analysts. Two-wheeler market leader Hero Moto Corp witnessed growth in…
In Hyper local mobility segment, TVS motor Company on Wednesday signed an MoU with bike-taxi platform Rapido. Under the agreement the two companies will look to cooperate on supporting teamwork of their respective businesses in the fast moving mobility space in India. The comprehensive partnership will cover both two and three wheeler vehicles, particularly from…
