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TVS Motor Company signs MoU with Kadam Mobility
TVS Motor Company signs MoU with Kadam Mobility

Business Standard

time3 days ago

  • Automotive
  • Business Standard

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.

TVS Motor, Kadam Mobility partner to deploy 500 electric 3-wheelers by FY26
TVS Motor, Kadam Mobility partner to deploy 500 electric 3-wheelers by FY26

Business Standard

time3 days ago

  • Business
  • Business Standard

TVS Motor, Kadam Mobility partner to deploy 500 electric 3-wheelers by FY26

TVS Motor and Kadam Mobility have signed an MoU to deploy 500 electric three-wheelers across metro and Tier 1 cities, supporting clean public mobility and inclusive employment TVS Motor Company has signed a memorandum of understanding (MoU) with Kadam Mobility to deploy 500 TVS King EV MAX electric three-wheelers in the financial year 2025–26 (FY26). The initiative aims to strengthen public electric mobility across metropolitan and Tier 1 cities throughout India. Partnership to promote inclusive urban transport and clean mobility Rajat Gupta, Business Head, Commercial Mobility, TVS Motor Company, said, 'Our collaboration with Kadam Mobility reinforces our shared commitment to India's electric transition and inclusive urban mobility. The TVS King EV MAX is well-suited to support Kadam Mobility's mission of enabling clean last-mile and passenger mobility for everyone in need.' The TVS King EV MAX features a range of 179 kilometres, Bluetooth connectivity via TVS SmartXonnect, fast charging, and a high-capacity design. These vehicles will be integrated into Kadam Mobility's existing ecosystem, which includes electric vehicle operations, charging infrastructure, and training for drivers. Anubhav Swara, Founder and Chief Executive Officer of Kadam Mobility, said, '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 as part of this vision.' Kadam Mobility enters passenger services with EV fleet The agreement also marks Kadam Mobility's entry into shared and passenger mobility services, expanding beyond its current delivery fleet operations.

TVS Motor partners with Kadam Mobility to deploy 500 electric three-wheelers across India
TVS Motor partners with Kadam Mobility to deploy 500 electric three-wheelers across India

Economic Times

time3 days ago

  • Automotive
  • Economic Times

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. Also Read: India's new flagship EV policy to be a 'non-starter' for global biggies '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. ADVERTISEMENT Also Read: Small hydro projects may get up to 30% aid on project cost 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. (You can now subscribe to our Economic Times WhatsApp channel)

TVS Motor signs pact with Kadam Mobility to deploy 500 e3Ws in FY26
TVS Motor signs pact with Kadam Mobility to deploy 500 e3Ws in FY26

Time of India

time3 days ago

  • Automotive
  • Time of India

TVS Motor signs pact with Kadam Mobility to deploy 500 e3Ws in FY26

TVS Motor Company has signed a Memorandum of Understanding (MoU) with Kadam Mobility , a fleet and electric vehicle (EV) infrastructure platform provider, to deploy 500 units of the TVS King EV Max electric three-wheeler (e3W) during the financial year 2026 (FY26). The initiative marks a significant step toward accelerating India's electric vehicle transition and strengthening sustainable urban transportation, the companies said in a joint statement Tuesday. Phased Rollout Starting Q2 FY26 The companies will commence deploying the TVS King EV Max in pilot zones from the July-August quarter (Q2FY26), with gradual expansion planned in terms of fleet size and operational routes. Kadam Mobility will focus on metro and tier-1 cities as the partnership scales. Rajat Gupta, business head (commercial mobility) at TVS Motor Company, said, 'Our collaboration with Kadam Mobility reinforces our shared commitment to India's electric transition and inclusive urban mobility.' Anubhav Swara, founder & CEO of Kadam Mobility, said, 'This collaboration marks a major step toward scaling clean mobility infrastructure while empowering thousands of drivers with future-ready livelihoods .' Kadam Mobility plans to upskill drivers, including women and people from the underrepresented groups, through training programs and provide access to cleaner transport livelihoods. Notably, the TVS King EV Max is targeted at meeting the demands of reliable and cost-effective urban passenger mobility. Its features include a range of 179km, fast-charging, Bluetooth integration via TVS SmartXonnect, and spacious interiors.

TVS Motor signs MoU with Kadam Mobility to deploy 500 electric three-wheelers in FY 2025–26
TVS Motor signs MoU with Kadam Mobility to deploy 500 electric three-wheelers in FY 2025–26

Business Upturn

time3 days ago

  • Business
  • Business Upturn

TVS Motor signs MoU with Kadam Mobility to deploy 500 electric three-wheelers in FY 2025–26

By Aman Shukla Published on June 3, 2025, 14:44 IST TVS Motor Company has signed a Memorandum of Understanding (MoU) with Kadam Mobility to deploy 500 units of the TVS King EV MAX electric three-wheelers during the financial year 2025–26. The agreement is aimed at enhancing sustainable public mobility solutions in metropolitan and Tier 1 cities across India. The deployment will begin in Q2 of FY25–26 through phased rollouts in pilot zones, with a planned scale-up in both vehicle volume and route coverage over time. Kadam Mobility, an electric vehicle-first fleet and infrastructure platform, will incorporate the vehicles into its existing mobility ecosystem. This includes EV operations, charging infrastructure, and driver training programs. The TVS King EV MAX offers a certified range of 179 km and features Bluetooth connectivity via TVS SmartXonnect™, fast-charging capabilities, and a robust design suited for urban transportation needs. These vehicles will be used to provide affordable and reliable passenger services in various urban locations. Kadam Mobility also plans to use this deployment to generate employment opportunities, particularly focusing on women and underrepresented communities, as part of its commitment to inclusive mobility solutions. This initiative marks Kadam Mobility's expansion into the passenger mobility segment, extending beyond its current focus on delivery fleets. The first batch of TVS King EV MAX vehicles is scheduled for rollout in June 2025. 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

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