TVS Motor MoU with Swiggy to deploy its EVs for food delivery, Auto News, ET Auto
Hosur (TN):TVS Motor Company, a manufacturer of two and three-wheelers globally, announced today a strategic partnership with Swiggy, India’s leading on-demand delivery platform.
This partnership is to strengthen electrification across diverse mobility segments. It also aligns with Swiggy’s efforts to enable the adoption of EVs in its delivery fleet. As part of the MoU, TVS Motor and Swiggy will test the implementation of TVS Motor’s EV for food delivery and other on-demand services of Swiggy, TVS Motor said in a media release.
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 the adoption of EVs in food delivery and on-demand delivery services, the release added.
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, a leader 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.”
“Swiggy has been pioneering the need for greater EV adoption, with a commitment to making deliveries spanning 8,00,000 km daily through EVs by 2025. We believe they offer a sustainable solution in green mobility while also empowering our delivery partners to earn more. 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 greener and more sustainable,” Mihir Rajesh Shah, Vice President Operations, Swiggy, said.
Through the MoU with Swiggy TVS Motor company intends to expand 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, Bengaluru, Chennai, Pune, Kochi and Coimbatore, the company said.