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By MT Bureau| Jan 14, 2022

TVS To Provide Swiggy With iQube EV Two-Wheelers

TVS Motor Company, a leading EV two-wheeler manufacturer, has signed an MoU with Swiggy, one of India's leading on-demand delivery platforms, to provide iQube electric two-wheelers. Swiggy will test the iQube's implementation in the company's on-demand food delivery and other on-demand delivery services. 

The two companies are looking into the possibility of co-creating long-term and comprehensive solutions for Swiggy's delivery partners. Working on customised packages, including a need-specific product, flexible financing options, and connected services, will be part of this. According to the company, the pilot will be critical in advancing EVs in food delivery and on-demand delivery services. The iQube 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, "TVS Motor Company has been at the forefront of delivering green and connected vehicles to our customers. 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, "Swiggy has been pioneering the need for greater EV adoption, with a commitment to make deliveries spanning 8,00,000 kilometres per day 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 more greener and sustainable." (MT)

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