TVS Motor Company Joins Forces with ION Mobility to Drive Electric Two-Wheeler Growth in Southeast Asia
TVS Motor Company, a global manufacturer of two-wheelers and three-wheelers, has recently announced its partnership with ION Mobility, a full-stack EV company, to promote electrification in the automobile industry. This investment by TVS Motor Company in ION Mobility aims to support the growth of the electric two-wheeler market in Singapore and Indonesia.
TVS Motor Company is committed to developing exciting products for customers across global markets, and this partnership with ION Mobility further supports their strategy to expand their global presence. The partnership also aligns with TVS Motor Company’s commitment to build an aspirational product portfolio while associating with sustainable and scalable brands.
Sudarshan Venu, the Managing Director of TVS Motor Company, expressed his enthusiasm for the partnership, stating, “We are thrilled to partner with ION Mobility, a full-stack EV company with a strong team of engineers and technical base in Singapore, to drive the premium electric two-wheeler growth in the region. We share a common vision and are eager to support them as a strategic investor.”
ION Mobility’s Founder and CEO, James Chan, also expressed his excitement about the partnership, saying, “We are excited to draw upon TVS Motor’s decades of global expertise in two-wheelers to accelerate our ‘Mobius’ M1-S production readiness, as well as the design and development of other models. We look forward to leading the charge towards an electric and sustainable two-wheeler future together.”
TVS Motor Company’s investment in ION Mobility shows their commitment to sustainable mobility and electrification in the automobile industry. With four state-of-the-art manufacturing facilities in India and Indonesia, TVS Motor Company takes pride in making internationally aspirational products of the highest quality through innovative and sustainable processes. They are the only two-wheeler company to have received the prestigious Deming Prize and have been ranked the No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for four consecutive years.
As the world moves towards sustainable mobility and electrification, TVS Motor Company and ION Mobility’s partnership can lead the charge towards an electric and sustainable two-wheeler future in Southeast Asia.
Source: TVS Motor