Friday, September 19, 2025
  • PRESS RELEASE
  • ADVERTISE
  • CONTACT
Happy With Car
No Result
View All Result
  • HOME
  • AUTO NEWS
  • AUTOMATIIVE REVIEWS
  • NEW CARS
  • CAR MARKET
  • CAR BRANDS
  • TECHNOLOGY
  • INSURANCE
  • FINANCE
  • VIDEOS
Happy With Car
No Result
View All Result
TVS Motor invests in Singapore-based ION Mobility to drive E2W growth in the region, Auto News, ET Auto

TVS Motor invests in Singapore-based ION Mobility to drive E2W growth in the region, Auto News, ET Auto

by admin
February 3, 2023
in Technology
0 0
0
Share on FacebookShare on Twitter


 The partnership is in line with TVS Motor Company’s commitment to build an aspirational product portfolio while associating with sustainable and scalable brands.
The partnership is in step with TVS Motor Firm’s dedication to construct an aspirational product portfolio whereas associating with sustainable and scalable manufacturers.

TVS Motor Firm, one of many main world producers of two-wheelers and three-wheelers, has entered into an funding settlement with the Singapore-based ION Mobility (ION) to offer the mandatory ecosystem help to achieve success within the electrical two-wheeler markets of Singapore and Indonesia.

The partnership is in step with TVS Motor Firm’s dedication to construct an aspirational product portfolio whereas associating with sustainable and scalable manufacturers. It additionally reiterates the corporate’s technique to increase its world presence, the corporate stated in a media launch.

Sudarshan Venu, Managing Director, TVS Motor Firm, stated, “We’re thrilled to accomplice with ION Mobility, a full-stack EV firm with a powerful group of engineers, and technical base in Singapore, to drive the premium electrical two-wheeler development within the area. We share a typical imaginative and prescient and are desirous to help them as a strategic investor.”

ION Mobility Founder and CEO, James Chan, stated, “I’m delighted with the vote of confidence that my group and I’ve acquired from TVS Motor through the funding spherical and partnership. We’re excited to attract upon TVS Motors a long time of world experience in two-wheelers to speed up our “Mobius” M1-S manufacturing readiness, in addition to the design and growth of different fashions. We look ahead to main the cost in the direction of an electrical and sustainable two-wheeler future collectively.”

Additionally Learn:

The corporate intends to start mass manufacturing of CT-2 in late 2024. It has a producing base in Western Europe, and in keeping with reviews, it’s going to initially launch gross sales there. CT-2 is rumoured to be priced at round USD 16,000 (about INR 13 lakh). The worth may drop if the enterprise is profitable in acquiring subsidies for the shoppers, the corporate stated.





Source link

Tags: AutoDriveE2WgrowthinvestsIonmobilityMotorNewsRegionSingaporebasedTVs

Related Posts

Hinduja Tech’s Digital Human Simulation Enhances Safety and Efficiency, ETAuto
Technology

Hinduja Tech’s Digital Human Simulation Enhances Safety and Efficiency, ETAuto

September 18, 2025
TVS Motor and Noise Introduce India’s First EV-Smartwatch Integration for iQube Customers, ETAuto
Technology

TVS Motor and Noise Introduce India’s First EV-Smartwatch Integration for iQube Customers, ETAuto

September 18, 2025
China releases draft safety rules for driving assistance systems, ETAuto
Technology

China releases draft safety rules for driving assistance systems, ETAuto

September 17, 2025
Production Halt Extended to September 2025, ETAuto
Technology

Production Halt Extended to September 2025, ETAuto

September 16, 2025
Semiconductor Industry Faces Import Challenges Amid Raw Material Curbs, ETAuto
Technology

Semiconductor Industry Faces Import Challenges Amid Raw Material Curbs, ETAuto

September 16, 2025
A Sustainable Future in Aviation, ETAuto
Technology

A Sustainable Future in Aviation, ETAuto

September 15, 2025
Load More
Next Post
MAA president Datuk Aishah Ahmad passes away at 71

MAA president Datuk Aishah Ahmad passes away at 71

Ferrari Employees To Get Nearly ,000 Bonus After Excellent 2022

Ferrari Employees To Get Nearly $15,000 Bonus After Excellent 2022

Categories

  • Auto News (3,497)
  • Automative Reviews (1,995)
  • Car Brands (2,121)
  • Insurance (3,518)
  • Market (1,623)
  • New Cars (2,241)
  • Technology (2,116)
  • Videos (2,198)
Happy With Car

Find the latest automotive news. Read car news from the auto industry including auto shows, latest vehicles, future cars and more.

Categories

  • Auto News
  • Automative Reviews
  • Car Brands
  • Insurance
  • Market
  • New Cars
  • Technology
  • Videos

Recent News

  • Geely confirms Starray EM-i PHEV pricing
  • Increase in heavy vehicle overloading cases recorded in Kelantan from January to August this year – JPJ
  • Hinduja Tech’s Digital Human Simulation Enhances Safety and Efficiency, ETAuto
  • Home
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact

Copyright © 2020 Happy With Car

No Result
View All Result
  • HOME
  • AUTO NEWS
  • AUTOMATIIVE REVIEWS
  • NEW CARS
  • CAR MARKET
  • CAR BRANDS
  • TECHNOLOGY
  • INSURANCE
  • FINANCE
  • VIDEOS

Copyright © 2020 Happy With Car

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In