Tag: TVS Motor Company

TVS Motor Company to partner with Bahwan International Group to strengthen its presence in Iraq

TVS Motor Company, a two-wheeler and three-wheeler manufacturer globally, signed a tri-party deal arrangement with Bahwan International Group. The signing ceremony was held at Bahwan International Group, between Sheikh Ahmed Bahwan, Chairman Bahwan International Group and Sudarshan Venu, Joint Managing Director – TVS Motor Company in Muscat, Oman. As per the tri-party deal arrangement, ARATA…

TVS Motor Company inks MoU with Tata Power to collaborate on electric two-wheeler charging eco-system in India

TVS Motor Company, a global manufacturer of two-wheelers and three-wheelers, announced it has entered into a strategic partnership with Tata Power. As part of the MoU, the two companies agreed to drive the comprehensive implementation of Electric Vehicle Charging Infrastructure (EVCI) across India and deploy solar power technologies at TVS Motor locations, the statement said.…

TVS Motor Company announces majority stake acquisition in European E-bike band EGO Movement

TVS Motor Company, a two-wheeler and three-wheeler manufacturer globally, has announced a partnership with EGO Movement as a majority shareholder, in an all-cash deal through its Singapore Subsidiary TVS Motor (Singapore) Pte Ltd. Led by the co-founder’s Daniel Meyer and Marie So, EGO Movement is a Swiss technology company providing mobility solutions through a portfolio…

TVS Motor acquires majority stake in European e-bike brand EGO Movement

TVS Motor Company, a global manufacturer of two-wheeler and three-wheeler vehicles, announced a partnership with EGO Movement as a majority shareholder, in an all-cash deal through its Singapore Subsidiary TVS Motor (Singapore) Pte Ltd. The partnership is in line with TVS Motor Company’s commitment to building an aspirational product portfolio while nurturing sustainable and scalable…

TVS expands and strengthens its presence in South Africa

TVS Motor Company, a global manufacturer of two-wheeler and three-wheeler vehicles, announced their new distribution partnership with ETG Logistics (ETGL). TVS Motor Company has a presence in over 70 countries across Africa, South East Asia, the Indian Sub-Continent, Latin America and the Middle East. ETGL is a division of ETG (Export Trading Group) – a…

TVS Motor expands in Iraq

TVS Motor Company, a reputed two-wheeler and three-wheeler manufacturer globally, inaugurated a new marquee showroom in Baghdad with distribution partner Ritaj International General Trade LLC. The showroom, which is spread over 500 sq meters with a built-up area of 840 sq meters, was inaugurated along Palestine Street in Baghdad. It is the first-of-its-kind showroom for…

TVS Motor Company to provide free COVID-19 vaccination to all employees and their immediate family members

TVS Motor Company, a reputed two-wheeler and three-wheeler manufacturer globally, announced that they had extended free COVID-19 vaccination for all employees and their immediate family members.  This vaccination drive is in line with the ongoing Government guidelines and will cover 35,000 direct and indirect company employees across the country, the statement said. Commenting on this…

TVS Motor ropes in industry veteran Timothy Prentice as Vice President – Design

TVS Motor Company, a two-wheeler and three-wheeler manufacturer globally, announced the appointment of Timothy (Tim) Prentice as Vice President – Design at TVS Motor Company.  Tim is among the most acclaimed motorcycle designers globally, with significant motorcycle design milestones and accolades to his credit, the statement said. Tim brings on board 35 years of enriching…

TVS Motor expands its presence in the UAE, enters distribution partnership with Public Motors

TVS Motor Company, a two-wheeler and three-wheeler manufacturer globally, announced their new distribution partnership with Public Motors; part of the reputed Ghaf Investments L.L.C, in the United Arab Emirates.  As a part of this association, a 2000 sq ft marquee showroom was inaugurated, along Sheikh Zayed Road in Dubai. Apart from hosting a wide range…

TVS Motor acquires vehicle telematics start-up Intellicar

Two-wheeler maker TVS Motor Company has acquired Intellicar Telematics Private Ltd for an estimated sum of ₹15 crore. Bengaluru-based Intellicar Telematics Private Limited provides a one stop integrated IoT solution with fleet tracking and predictive maintenance solutions to a range of vehicle types. The Telematics startup is a technology focused data-driven organization in the connected…

TVS acquires Intellicar Telematics for Rs. 15 Cr.

TVS Motor Company, has acquired Intellicar Telematics, an IoT solutions company. The deal is valued at about Rs. 15 Cr., and is expected to complete by 31st December 2020. The deal is expected to help TVS accelerate it’s ongoing digital initiatives that are targeted at delivering enhanced customer experience. Intellicar was setup in 2015, and…

TVS Motor join hands with Pilipinas Shell Petroleum Corporation in Philippines

TVS Motor Company, a manufacturer of two-wheelers and three wheelers in the world, announced its association with Pilipinas Shell Petroleum Corporation. The association will be through the company’s Philippines distributor, Global Automobile Traders FZCO.  As a part of this tie-up, all TVS Motor customers in Philippines will receive Php 700 worth of Shell cards which…

Bengaluru-based Ultraviolette Automotive raises Rs30 cr from TVS Motor Company

Ultraviolette Automotive, a startup working on electric two-wheelers and energy infrastructure, announced that it has raised Rs 30 crore from TVS Motor Company. Founded in 2017 by Narayan Subramaniam and Niraj Rajmohan, Ultraviolette Automotive synthesizes design and technology to create new dimensions in advanced engineering and seamless user experiences. The startup had started by building…