TVS Motor signs MoU with OOR Cabs to deploy 500 electric three-wheelers in Tamil Nadu
Under the agreement, OOR Cabs will deploy the electric three-wheelers initially in Trichy for intra-city passenger services, with plans to expand operations to Madurai and Coimbatore. The integration of these vehicles into OOR Cabs' fleet aligns with efforts to promote cleaner and more efficient transportation solutions.
The TVS King EV MAX features a range of 179 km on a full charge, Bluetooth connectivity via TVS SmartXonnect™, quick charging capabilities, and an ergonomic design tailored to improve passenger comfort. OOR Cabs' customized vehicles will include on-board drinking water facilities, thermal insulation on the roof for better cabin comfort, and mobile charging ports to enhance the passenger experience.
OOR Cabs aims to gradually increase its electric vehicle fleet by adding 20 to 30 vehicles each month. The initiative also focuses on empowering both male and female drivers and creating sustainable livelihoods in Tier 2 and Tier 3 cities. This partnership supports Tamil Nadu's broader goals of advancing clean mobility and reducing urban emissions.
The first batch of 10 TVS King EV MAX units was handed over to customers during a recent event in Trichy. An additional 10 units are expected to be delivered in June 2025, further expanding the presence of electric three-wheelers in the region.
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
2 hours ago
- Business Wire
ISN® to Help Elevate Contractor Safety for Stanford University Land, Buildings & Real Estate
DALLAS--(BUSINESS WIRE)--ISN, the global leader in contractor and supplier information management services, announced the Energy Operations division within Land, Buildings & Real Estate (LBRE) at Stanford University, a globally recognized academic institution known for its leadership in innovation and sustainability, has selected ISNetworld as its primary contractor information management platform. ISN will support Stanford's LBRE Energy Operations division to centralize its contractor management program and increase visibility of contractor safety practices. ISN offers scalable solutions to streamline contractor qualification and improve oversight. The LBRE Energy Operations division will leverage ISNetworld tools and services, including RAVS 360™ to assess and improve contractors' health, safety, and environmental programs and safety cultures, the Evaluation tool to identify leading indicators for Serious Injury and Fatality (SIF) prevention, and ISN Analytics™ for aggregate reporting and benchmarking of its contractors' data. In addition, the division plans to integrate ISNetworld with LBRE's internal systems for enhanced contractor visibility and decision making. 'ISN is proud to support the University's efforts with technology that helps improve risk management, fosters more accountable contractor partnerships, and offers an opportunity to enhance operational excellence,' said Kim Holly, Chief Business Development Officer at ISN. For more information on ISN's industry-leading software and services, visit About ISN ISN is the global leader in contractor and supplier information management, with more than 20 years of experience connecting 850 Hiring Clients in capital-intensive industries with 85,000 active contractors and suppliers to promote safety, health, and sustainability in the workplace. ISN's brands include ISNetworld®, a global online contractor and supplier management platform, Transparency-One®, a responsible sourcing platform built to bring transparency to supply chain management, and Empower®, a worker-level app built to keep workers moving forward. ISN has 14 offices around the globe which provide award-winning support and training for its customers in more than 85 countries. ISN takes pride in leading worldwide efforts to improve the efficiency and effectiveness of contractor and supplier management systems and in serving as a world-class forum for sharing industry best practices, benchmarking performance, providing data insights among its members, and helping decision makers, including board members, ensure contractor and supplier risk is assessed and monitored. For more information, visit
Business Wire
2 hours ago
- Business Wire
SWIVEL Named a Finovate Awards 2025 Finalist for Best Enterprise Payments Solution
SAN ANTONIO--(BUSINESS WIRE)--SWIVEL ®, a subsidiary of SWBC, is a leading fintech company specializing in payment solutions. It was named a Finovate Awards 2025 finalist in the category for Best Enterprise Payments Solution. The Finovate Awards honor companies and financial institutions that excel in enterprise payments by balancing speed, ease of use, and reliability. This annual program celebrates the financial institutions and companies that are advancing fintech innovation, as well as the individuals who are bringing new ideas to life. SWIVEL is deeply honored to be recognized by Finovate, further validating our commitment to helping businesses improve their payment processes and better navigate the modern payment. Share SWIVEL empowers financial institutions, K-12 education institutions, and companies to deliver seamless, secure, and modern payment experiences across every channel. From online and mobile to in-branch and interactive voice response (IVR), SWIVEL's self-service payment solutions are purpose-built for the unique needs of financial institutions. These seamless solutions are simple to deploy, require minimal overhead, and integrate directly into digital banking environments, enabling institutions to effortlessly connect with their customers and members, providing them with the flexibility and control they need. Additionally, SWIVEL's new Stored Cards feature allows registered account holders to securely save card details and designate them as primary payment methods, making transactions faster and minimizing errors, while the Connect to Core™ solution brings real-time infrastructure and modern connectivity to traditionally batch-based environments. 'Payments continue to evolve rapidly, and today's institutions and enterprises need more than just a payments provider. They need a partner that understands and can help them meet their shifting needs and demands, and a complete payment environment that allows them to succeed and thrive,' said Amanda Crocker, President of SWIVEL. 'SWIVEL is proud to be that partner for our over 2,000 clients nationwide, and we are deeply honored to be recognized by Finovate, further validating our commitment to helping businesses improve their payment processes and better navigate the modern payments environment.' The winners will be announced on September 9 at FinovateFall 2025 in New York. For more details and the full list of this year's finalists, please visit About SWIVEL SWIVEL offers a transaction enablement platform that simplifies the use of Apple Pay ®, VISA ®, Mastercard ®, and ACH for payments. The platform serves over 2,000 clients, including financial institutions, K-12 education institutions, and the software companies that support them. SWIVEL integrates with existing systems to manage payments, streamline operations, and provide user engagement tools. With tailored risk management controls for each transaction, SWIVEL helps businesses maintain compliance and improve payment processes. Find more information at Apple Pay®, VISA®, and Mastercard® are registered trademarks.
Business Wire
2 hours ago
- Business Wire
Levelpath Named a 2025 Gartner® Cool Vendor™ for Sourcing and Procurement Technology
SAN FRANCISCO--(BUSINESS WIRE)--Levelpath, the premier AI-native procurement platform, today announced it has been named as a Cool Vendor in Sourcing and Procurement Technology by Gartner®. The company also recently was named as a Sample Vendor in the 2025 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions, which Levelpath feels reinforces its pioneering role in Generative AI for Procurement and Intake Management. "Levelpath is built through deep collaboration with procurement leaders from every corner of the believe this Gartner recognition validates what our collaborative community of procurement leaders is achieving together." According to the Gartner Cool Vendor report, 'Seventy-eight percent of respondents to a recent Gartner survey cited digital transformation as one of the primary goals for procurement organizations. For procurement leaders aiming to maximize the benefits of digital transformation, making AI exploration a top priority is crucial.' Levelpath believes this Cool Vendor recognition underscores the value of its AI-native architecture, which was purpose-built to help organizations modernize sourcing, contracts, procurement intake, and spend visibility. At the platform's core is Hyperbridge, a proprietary AI reasoning engine that powers intelligent automation and natural language experiences across the entire procurement lifecycle. This combination enables enterprises to drastically reduce cycle times, accelerate digital transformation, and deliver measurable business impact through more intuitive AI guided procurement. In the Cool Vendor report Gartner says that, 'Many procurement organizations struggle to realize the full potential of AI due to inconsistent, incomplete or poor-quality data.' Levelpath believes it addresses this challenge by creating a trusted data foundation to build a supplier system of record that enables more accurate, intelligent, and cost-effective procurement decisions. Hyperbridge ingests, normalizes, and enriches supplier data from disparate systems to provide high-quality, consolidated insights that power smarter sourcing across the enterprise. Levelpath maintains a rapid innovation cycle, releasing new product updates on a weekly basis to ensure customers continually benefit from the latest AI capabilities. Recent launches include the QBR Agent, which is built to streamline the preparation and execution of supplier quarterly business reviews by consolidating critical supplier data into a framework to strategically collaborate with suppliers. Additionally, Levelpath recently released an integration with Ironclad, which along with its existing API capabilities, extends its ability to seamlessly connect across the technology ecosystem. "Procurement leaders are under pressure to deliver results faster and with greater efficiency," said Alex Yakubovich, Co-founder and CEO of Levelpath. "Levelpath is built through deep collaboration with procurement leaders from every corner of the globe. This is not just partnership, it is co-creation. Working hand-in-hand with these leaders, we are helping teams source smarter, slash cycle times, and make strategic decisions that drive significant cost savings and improved business outcomes. We believe this Gartner recognition validates what our collaborative community of procurement leaders is achieving together." Customers use Levelpath to centralize procurement workflows, reduce complexity, and elevate the stakeholder experience. Many organizations achieve improved speed, compliance, and visibility as a result of adopting the platform. The system provides a clear audit trail and structured data capture that strengthens regulatory compliance and simplifies reporting for robust data governance. Levelpath is trusted by leading global brands, including Ace Hardware, SiriusXM, Western Union, SSM Health, and GATX. The company continues to grow rapidly as enterprises seek modern platforms that combine enterprise-grade functionality with exceptional user experience. Download the Gartner Cool Vendor 2025 report now. To learn more about Levelpath's recognition, request a demo today. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and COOL VENDORS is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner, Cool Vendors in Sourcing and Procurement Technology, Cian Curtin, Magnus Bergfors, Micky Keck, Chaithanya Paradarami, Martin Shreffler, August 15, 2025. Disclaimer: Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About Levelpath Levelpath is the premier AI-native procurement platform, purpose-built to help global enterprises optimize spend and operations. Powered by its proprietary Hyperbridge reasoning engine, Levelpath unifies complex procurement processes with intelligent automation, no-code workflow orchestration, and a delightful stakeholder experience. The platform delivers real-time visibility, actionable insights, and faster execution, enabling procurement teams to drive measurable business value at scale. Trusted by leading enterprises worldwide, including Ace Hardware, Amgen, Coupang, Fortrea, GATX, SiriusXM, SSM Health, and Western Union, Levelpath helps organizations collaborate smarter, operate more efficiently, and unlock new levels of agility. Headquartered in San Francisco, Levelpath is backed by Benchmark, Redpoint Ventures, Menlo Ventures, NewView Capital, and World Innovation Lab. Learn more at or connect with us on LinkedIn.
