Tvs iqube electric, Company

TVS Motor Company, a reputed two-wheeler and three-wheeler manufacturer globally, today 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 brands. It also reiterates the company's strategy to expand its global presence in developed markets, commencing with Europe, which serves as the heart of the e-bike mobility landscape.Led by the co-founder's Daniel Meyer and Marie So, EGO Movement is a Swiss technology company providing innovative mobility solutions through a portfolio of e-bikes, e-cargo bikes, and e-scooters. The company combines unique designs with innovative software and hardware to deliver a differentiated customer experience. It has an omnichannel network across Switzerland, Liechtenstein and Germany with plans to expand across Europe, combining the best of strategically located stores with a seamless online experience.Speaking on the occasion, Sudarshan Venu, Joint Managing Director, TVS Motor Company, said, "The partnership with EGO Movement reaffirms TVS Motor Company's commitment towards electrification and the broader sustainability agenda. We are building a strategic personal e-mobility ecosystem by scaling unique brands which share our vision of delivering compelling customer experience benchmarks through cutting-edge, aspirational products. EGO Movement has a strong presence in Europe with customer-centric products, a unique omnichannel network and a visionary team at its helm. Together, we will address global urbanisation by delivering unique e-mobility solutions with e-bicycles and mobility across a diversity of forms."Venu further added, "It is also an important milestone in our journey to grow our presence in Europe, with the Norton Motorcycles acquisition last year and now the launch of the personal e-mobility platform."Over the past decade, the personal mobility landscape has evolved significantly with the global sustainability agenda, increasing urbanisation and advancement in battery technology. The global pandemic also became a key catalyst in accelerating the adaption to personal mobility. The e-bike market has been at the forefront of personal mobility innovation, with new business models and technologies advancing rapidly with global trends. Various sub-segments have also emerged to cater to customers' evolving needs - ranging from city bikes for daily commute to mountain bikes for adventures or cargo bikes for carrying loads or people.Co-founder and CEO of EGO Movement, Daniel Meyer, commented "As a Swiss based strongly mission-driven company, we are excited to be teaming up such a highly respected global partner and industry leader. Our team is fully committed to taking the company to the next phase. We are confident that together with TVS Motor Company, we will be able to create more value for all partners and customers of EGO Movement focusing on further growth by following our mission of a greener way of e-mobility."EGO Movement's product portfolio focuses on delivering sustainable products with the latest technology and stylish designs. A powerful battery is blended harmoniously into the frame, whose ergonomic design allows for a comfortable upright sitting position. In addition, with technical refinements such as a powerful mid-motor including a torque sensor, a USB port on the removable lithium-ion battery and an LED light that automatically switches on at dusk. The unique and innovative design philosophy has earned the company multiple awards, including the prestigious Red Dot Award.This story is provided by BusinessWire India.will not be responsible in any way for the content of this article. (ANI/BusinessWire India)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tvs Iqube ElectricFOLLOW

Tvs iqube electric, Latest News

TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, today announced the roll out of 100,000 unit of BMW Motorrad's 310cc series of motorcycles. The motorcycle was rolled out from the TVS Motor's Hosur facility b ...

TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, today announced the launch of TVS Jupiter 125. The Zyada Se Bhi Zyada feature-rich 125 cc scooter is the new addition to the TVS Jupiter portfolio, bigger and ...

iEnergizer, a leading global Business Process Outsourcing (BPO) and IT-enabled services company based in Noida, has been declared a winner in the 2021 edition of Asia's Best Employer Brand Awards, supported by World HRD Congress. ...

The Income Tax department conducted searches on a pharmaceutical company in Hyderabad named Hetero Drugs and seized incriminating documents on Wednesday, sources told ANI. ...

New Delhi, Oct 5 Future 7-India Convenience Limited, Future Retails wholly owned subsidiary, and 7-Eleven Inc have mutually ... ...

TVS Motor Company registered sales growth of 6% with 347,156 units in September 2021 as against sales of 327,692 units in the month of September 2020. ...

TVS Motor Company, a reputed two-wheeler and three-wheeler manufacturer globally, announced that the TVS HLX series crossed the sales milestone of 2 million units globally. In 2019, the TVS HLX series crossed a sales milestone of 1 million globally a ...

TVS Motor Company, a reputed two-wheeler and three-wheeler manufacturer globally, today announced a partnership with EGO Movement as a majority shareholder, in an all-cash deal through its Singapore Subsidiary TVS Motor (Singapore) Pte Ltd. ...