Amazon India partners with TVS Motor
Amazon India has signed a Memorandum of Understanding with Indian manufacturer TVS Motor. TVS will deploy electric two and three-wheelers for Amazon’s last-mile deliveries in India.
In 2020, Amazon India announced its goal to include 10,000 EVs by 2025 and has committed to induct 100,000 EVs globally by the year 2030. Amazon India announced in 2020 its goal to include 10,000 EVs by 2025.
TVS Motor is India’s third-largest motorcycle manufacturer. Judging from the company’s website, they have only recently launched purely electric vehicles in their two-wheeling offerings. The company is currently offering three variants of its electric iQube ST, but has noted on its website that they have closed orders due to overwhelming demand.
In 2018, TVS presented a hybrid version of the iQube scooter and revealed that it had invested 60 million rupees (765,000 euros) in Ultraviolette Automotive, based in the megacity of Bengaluru, which is often touted as the Silicon Valley of India.
Manu Saxena, the Senior Vice President, Future Mobility, TVS Motor Company, explained: “With the great success of TVS iQube Electric, we now intend to expand our electric offering across multiple segments and commercial mobility stands at the opportune inflection point.”
The two partners hope to increase the share of EVs in Amazon’s last-mile delivery, saying it will provide all these parties with the opportunity to participate in TVS Motors product and service offerings in the commercial mobility segment. The two companies say that the deal will likely benefit local logistics players, delivery associates, fleet operators, and EV stakeholders.
“TVS Motor is now ready with electric two-wheeler and three-wheeler product options for B2B along with an ecosystem of connected service and alternate ownership,” said Saxena.
Earlier this year, when Tata Motors launched its electric truck the launched the new Ace EV, the company revealed it had signed contracts with Amazon for its electric truck for use in India.
Just twelve months before, in February 2021 Amazon India partnered with Mahindra Electric and announced they would deploy close to a hundred Mahindra Treo Zor EVs in seven major cities across the country.
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