TVS Motor partners with Kadam Mobility to deploy 500 electric three-wheelers across India
ADVERTISEMENT TVS Motor Company on Tuesday signed a Memorandum of Understanding (MoU) with Kadam Mobility to deploy 500 electric three-wheelers during the financial year 2025–26. TVS Motor stock closed at ₹2,748.60 today, down 0.54%.
As part of the agreement, Kadam Mobility, a fleet and EV infrastructure platform, will roll out TVS King EV MAX vehicles in phases, starting in select pilot zones by the second quarter of the fiscal year.
The deployment will expand gradually in both volume and route coverage across metro and Tier 1 cities.
The collaboration is aimed at bolstering India's electric vehicle (EV) transition and promoting dignified employment, especially among women and underrepresented communities. Kadam plans to integrate the vehicles into its wider EV ecosystem, which includes charging infrastructure and driver training programmes.
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'The TVS King EV MAX, known for its superior range of 179 km, Bluetooth connectivity through TVS SmartXonnect™, fast-charging capability, spacious, and robust design, will support Kadam Mobility's ambition of offering affordable, reliable, and sustainable passenger services. The vehicles will be integrated into Kadam Mobility's existing electric mobility ecosystem, which includes EV deployment, charging infrastructure, and driver training,' it said in a regulatory filing.
ADVERTISEMENT 'Our collaboration with Kadam Mobility reinforces our shared commitment to India's electric transition and inclusive urban mobility,' said Rajat Gupta, Business Head, Commercial Mobility at TVS Motor Company. 'The TVS King EV MAX, engineered with a strong focus on performance, range, and comfort, is well-suited to support Kadam Mobility's mission of enabling clean last-mile and passenger mobility for everyone in need. Together, we aim to drive impact at scale, while also supporting employment generation and dignified livelihoods in the mobility sector,' Gupta added.
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Anubhav Swara, Founder and CEO of Kadam Mobility, added, 'At Kadam Mobility, our mission is to transform last-mile and passenger mobility through electric-first, partner-centric solutions. Partnering with TVS Motor Company gives us access to industry-leading vehicles and engineering excellence. This collaboration marks a major step toward our goal of scaling clean mobility infrastructure while empowering thousands of drivers with future-ready livelihoods. We are excited to deploy 500 electric vehicles in FY 2025–26 as part of this vision.'The move also signals Kadam Mobility's expansion into shared and passenger mobility, beyond its existing delivery fleet operations.
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