TVS Motor and BMW Motorrad Partnership to Develop Electric Vehicles
"TVS Motor Company on Wednesday announced the expansion of its long-term cooperative partnership with BMW Motorrad India to develop electric vehicles (EVs) and future technologies in the country."
TVS Motor Company on Wednesday announced the expansion of its long-term cooperative partnership with BMW Motorrad India to develop electric vehicles (EVs) and future technologies in the country.
The first product jointly developed by both the companies will be showcased to the world in the next two years.
Under the partnership, TVS will be responsible for designing and developing future BMW Motorrad products as well as looking after supply chain management, and industrialization.
Both BMW Motorrad and TVS will mutually tap the emerging technologies in the future mobility space while tracking the global requirements of customer segments.
The two-wheeler companies had first signed their long-term strategic partnership in April 2013 to manufacture sub-500cc motorcycles for the global markets. Under this collaboration, they developed three products on the 310cc platform - BMW G 310 R, BMW 310 GS, and TVS Apache RR 310.
All the jointly developed products from these companies have been well accepted across markets in the EU, US, Japan, China, and India, with over 100,000 customers.
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