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TVS Motor Company signs MoU with Kadam Mobility

TVS Motor Company signs MoU with Kadam Mobility

To deploy 500 TVS King EV MAX electric three-wheelers during FY 2025-26
TVS Motor Company has signed a Memorandum of Understanding (MoU) with Kadam Mobility, an EV-first fleet and infrastructure platform, to deploy 500 TVS King EV MAX electric three-wheelers during FY 202526. This partnership aims to strengthen sustainable public mobility across India's metros and Tier 1 cities empowering drivers and advancing inclusive urban growth.
Kadam Mobility will roll out these electric vehicles in phases, starting in pilot zones by Q2 of FY2526, with a progressive scale-up in vehicle volumes and route coverage. With a strong focus on clean intra-city mobility and driver livelihood creation, Kadam Mobility plans to leverage this deployment to create dignified employment opportunities, especially for women and underrepresented communities.
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.

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TVS Motor board names Sudarshan Venu as chairman
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  • The Hindu

TVS Motor board names Sudarshan Venu as chairman

TVS Motor Company Ltd. said its board has unanimously named Sudarshan Venu as incoming chairman of the company. Effective August 25, 2025, he will be appointed as chairman and managing director, the company said in a statement. The current chairman, Sir Ralf Speth, had informed the board that he would not seek re-appointment as a company director at the upcoming annual general meeting (AGM). Consequently, he will step down as chairman at the close of the AGM on August 22, 2025. The board has decided to appoint Sir Ralf Speth as chief mentor of the company for a period of three years effective August 23, 2025. Venu Srinivasan, Chairman Emeritus, TVS Motor Company, said, 'I express my sincere gratitude to Ralf for his exceptional leadership as chairman over the last three years. His contributions have been invaluable in guiding our strategic expansion into global markets and fostering innovation that has significantly strengthened our industry standing.' 'We are grateful for his continued support as chief mentor for TVS Motor and in welcoming Sudarshan into his new role. I am confident that Sudarshan, who in his capacity as Managing Director has demonstrated tremendous growth for the business, will take the Company to even greater heights,' he added. Sir Ralf Speth, said, 'It has been an honour for me to steer TVS Motor Company as its chairman over the last three years. As I hand over the chairmanship to Sudarshan, I am confident that under his leadership, the Company will continue its growth journey while championing core TVS values.' Mr. Sudarshan Venu, said, 'TVS has been built on our Chairman Emeritus's commitment to customer centricity, quality and technology. As we look to the future we have to build on these values while capitalising on new opportunities and reimagining for the future. I am most grateful to him for his continued guidance.'

Sudarshan Venu to take over as Chairman of TVS Motor from August
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time6 hours ago

  • New Indian Express

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Sudarshan Venu to take over as TVS Motor Chairman and MD in August 2025
Sudarshan Venu to take over as TVS Motor Chairman and MD in August 2025

Business Standard

time8 hours ago

  • Business Standard

Sudarshan Venu to take over as TVS Motor Chairman and MD in August 2025

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