Latest news with #RajatGupta
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Business Standard
5 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.
Economic Times
5 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)
Time of India
5 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.
Time of India
23-05-2025
- Automotive
- Time of India
TVS Motor, OOR cabs join hands to deploy 500 EVs in TN
TVS Motor Company on Thursday entered into a pact with cab aggregator startup OOR Cabs , to supply 500 TVS King EV MAX electric three-wheelers during the financial year 2025-26. According to a company release, this partnership is aimed at promoting sustainable urban mobility across Tamil Nadu. "As part of the initiative, OOR Cabs will deploy the vehicles for eco-friendly intra-city passenger services, beginning with Trichy (Tiruchirappally), and progressively expand operations to Madurai and Coimbatore. The integration of these electric vehicles into OOR Cabs' fleet reinforces both companies' commitment to cleaner, more efficient transportation solutions," it said. TVS King EV Max's features including Bluetooth connectivity and quick charging capability have been customised in line with OOR Cabs' vision of delivering an enhanced passenger experience. Rajat Gupta, Business Head - Commercial Mobility, TVS Motor Company, said, "We are delighted to partner with OOR Cabs in accelerating the shift towards green mobility in India." Maria Issac, CEO, OOR Cabs, added, "OOR Cabs is driven by a mission to provide seamless, sustainable, and customer-centric mobility solutions. Our collaboration with TVS Motor Company, a trusted leader in electric vehicle innovation, enables us to elevate the passenger experience while reducing our carbon footprint." According to the release, this partnership marks a significant step towards a greener, more inclusive future in mobility. OOR Cabs plans to increase its EV fleet by adding 20-30 vehicles every month, empowering both men and women drivers and promoting sustainable livelihoods in Tier 2 and Tier 3 cities. This initiative is aligned with Tamil Nadu's goal of leading the nation in clean mobility transformation. As part of the event, the first batch of TVS King EV Max vehicles were delivered to customers. A total of 10 units were ceremonially handed over during the event held in Tiruchirappalli.
United News of India
20-05-2025
- Automotive
- United News of India
TVS launches Electric 3-Wheeler TVS King EV MAX in TN
Chennai, May 20 (UNI) TVS Motor Company on Tuesday launched its connected passenger electric three-wheeler, TVS King EV MAX in Tamil Nadu. The TVS King EV MAX combines innovative technology with eco-friendly solutions, catering to the growing demand for sustainable urban mobility. Speaking on the occasion, Mr. Rajat Gupta, Business Head, Commercial Mobility, said this launch in Tamil Nadu is a significant step forward in the company's commitment to providing sustainable solutions for last-mile connectivity. As urban areas continue to grow, the demand for clean mobility options has never been more critical, he said. With a range of 179 kms on a single charge, quick charging in just two hours and 15 minutes for 0-80% charge and 3.5 hours for 100% charge; smart features like TVS SmartXonnect, the TVS King EV MAX offers users real-time navigation, alerts and vehicle diagnostics through their smartphones. It combines excellent performance, comfort and connectivity, making it a standout choice for modern urban mobility. It is now available in Tamil Nadu, at a price of Rs. 2,95,000 (ex-showroom). It also comes with a warranty of 6-years/150,000 km (whichever is earlier), along with 24/7 road-side-assistance for the first 3 years, a company statement said. UNI GV 1835
