TVS Motor Signs MoU With Swiggy To Accelerate Electrification In Commercial Mobility Segment

Mobility Outlook Bureau
13 Jan 2022
04:26 PM
1 Min Read

Both companies will test the implementation of the vehicle maker’s EV for food delivery and other on-demand services of Swiggy.


TVS Motor

Two/three-wheeler major TVS Motor Company announced a strategic partnership with a leading on-demand delivery platform Swiggy. 

As part of the MoU, both companies will test the implementation of the vehicle maker’s EV for food delivery and other on-demand services of Swiggy.

A press release from TVS Motor said the two companies are exploring the co-creation of sustainable and comprehensive solutions for Swiggy’s delivery partners. This will include working on customised packages like a need-specific product, flexible financing options and, connected services. Notably, the pilot will play a vital role in adopting EVs in food delivery and on-demand delivery services.

The company’s MoU with Swiggy is in line with its commitment to expanding the presence of TVS iQube Electric across all major cities by the end of the financial year. The electric scooter is presently available in 33 cities, including Delhi, Bangalore, Chennai, Pune, Kochi and Coimbatore.

Manu Saxena, Senior Vice President – Future Mobility, TVS Motor Company, said, “Our collaboration with Swiggy is a key step towards strengthening the electrification of mobility in food delivery and last-mile delivery services, furthering the easy adoption of EVs amongst customers. This also marks our foray into showcasing our commitment in the electric commercial mobility segment. We look forward to our alliance with Swiggy, who are the leaders in the Indian food and on-demand delivery market and are leading the way in creating a wide and sustainable e-mobility ecosystem in the country.”

Mihir Rajesh Shah, Vice President Operations, Swiggy, said, “This pilot with TVS will help us better understand the needs of the delivery fleet and the steps we can take to make our operations more greener and sustainable.” 

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