TVS Signs MoU With Swiggy To Promote Electric Two-Wheelers

TVS Motor Company has announced a strategic partnership with Swiggy, India's leading on-demand delivery platform. According to TVS, the partnership highlights TVS Motor Company's commitment to strengthen electrification across diverse mobility segments and aligns with Swiggy's many efforts to enable the adoption of EVs in its delivery fleet. The two companies are exploring the co-creation of sustainable and comprehensive solutions for Swiggy's delivery partners. This will include working on customised packages like a need-specific product, flexible financing options and connected services. Notably, the pilot will play a vital role in the adoption of EVs in food delivery and on-demand delivery services, the statement added.

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Acceleration is not lightning fast, but brisk and likeable, comparable to a conventional 110 cc scooter

"TVS Motor Company has been at the forefront of delivering green and connected vehicles to our customers. Our collaboration with Swiggy is a key step towards strengthening the electrification of mobility in food delivery and last-mile delivery services, furthering the easy adoption of EVs amongst customers. This also marks our foray into showcasing our commitment in the electric commercial mobility segment. We look forward to our alliance with Swiggy, who are the leaders in the Indian food and on-demand delivery market and are leading the way in creating a wide and sustainable e-mobility ecosystem in the country," said Manu Saxena, Senior Vice President, Future Mobility, TVS Motor Company.

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TVS intends to expand the presence of the iQube electric scooter across all major cities by the end of the financial year.

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"Swiggy has been pioneering the need for greater EV adoption, with a commitment to make deliveries spanning 8,00,000 kilometres per day through EVs by 2025. We believe they offer a sustainable solution in green mobility while also empowering our delivery partners to earn more. This pilot with TVS will help us better understand the needs of the delivery fleet and the steps we can take to make our operations more greener and sustainable," said Mihir Rajesh Shah, Vice President Operations, Swiggy.

According to TVS Motor Company, the MoU with Swiggy is in line with its commitment to expanding the presence of the TVS iQube electric scooter across all major cities by the end of the financial year. Currently, the iQube electric scooter is available in 33 cities, including Delhi, Bengaluru, Chennai, Pune, Kochi and Coimbatore.