Categories
Business Lite Blogs Tech Lite

TVS Motor Company Launches TVS X: A Flagship Crossover Electric Vehicle

TVS Motor Company has unveiled the TVS X, its flagship crossover electric vehicle, which aims to set new benchmarks in the global electric mobility industry. The vehicle boasts stunning design, impressive performance, and cutting-edge technology, marking TVS Motor Company’s commitment to a more sustainable future…reports Asian Lite News

TVS Motor Company, a renowned manufacturer of two and three-wheelers, has launched the highly anticipated TVS X, its flagship crossover electric vehicle (EV). This innovative machine is poised to redefine the global electric mobility industry with its striking design, exceptional performance, and advanced tech features. TVS Motor Company’s commitment to a cleaner and more sustainable future is exemplified by this remarkable addition to their portfolio.

With the growing global adoption of EVs, the TVS X is set to play a pivotal role in carving a niche for itself in the EV industry. Developed from the ground up at TVS Motor’s state-of-the-art R&D facility, this machine is backed by rider-centric engineering, aiming to provide a seamless rider-machine connection. It is designed to evoke desire and appeal, offering thrilling acceleration and an impressive range, making it an ideal zero-emission electric mobility solution. Furthermore, the TVS X introduces a range of safety features, aligning with the company’s vision of creating a clean, intuitive, and technology-driven product. This EV is targeted at young, tech-savvy individuals who set global trends.

Speaking at the launch event, Mr. Sudarshan Venu, Managing Director of TVS Motor Company, stated, “Our commitment to harnessing technology and innovation for a greener and more sustainable future has led us to create this highly desirable machine. The launch of TVS X is a defining moment in TVS Motors’ journey, as it showcases a made-in-India EV designed for global citizens who are passionate about technology. It is set to inspire a shift towards premium, sustainable, and technologically advanced mobility solutions. TVS X embodies innovation with a disruptive mindset, with sustainability at its core. It represents the next era of clean mobility, offering remarkable performance, premium aesthetics, and integrated, intuitive, and personalized experiences. We believe it will redefine mobility worldwide.”

Key Features of TVS X:

1. Design – Artful Engineering: TVS X boasts a sleek and aerodynamic design that’s visually stunning and aerodynamically optimized. It features a high-precision cast aluminum alloy frame that sets industry standards for stiffness and durability. This frame leads to minimized drag resistance, enhancing the vehicle’s efficiency. The vehicle incorporates innovative light architecture, including a four-element LED headlamp and programmable light sequences.

2. Performance – Rider-First Engineering: The TVS X is built around a “rider-first” philosophy, focusing on rider-machine unity. The vehicle features a TVS Xleton frame that offers exceptional stiffness, agility, and steering precision. Specially developed tire compounds improve grip while reducing rolling resistance. The TVS X is the most powerful EV in its segment, delivering 11kW of peak power, class-leading acceleration, and a top speed of 105kmph. It includes multi-level selectable regenerative modes for efficiency and safety features like ABS and Hill-Hold.

3. Connected Technology – Mobility Reimagined: TVS X offers an intuitive, scalable, and modular rider interface with a 10.2-inch HD+ TFT touchscreen – the largest in its class. It features TVS NavPro, an onboard navigation system with EV-specific routing algorithms to locate charging stations en route. The vehicle offers extensive personalization options, including themes and wallpapers, and includes wellness, gaming, live video streaming, internet browsing, and proactive safety features.

The launch of TVS X represents a significant milestone in the evolution of electric mobility. With its exceptional performance, cutting-edge technology, and futuristic design, the TVS X is poised to leave a lasting impression globally and solidify TVS Motor’s position as an EV industry pioneer. The company plans to introduce the TVS X in key international markets, leveraging its established network and strategic partnerships.

Bookings for the TVS X are now open on the official website, with deliveries set to commence in November 2023 across 15 cities in a phased manner. The introductory price for the TVS X starts at INR 2,49,990 (ex-showroom Bengaluru), with optional chargers available.

TVS Motor Company also offers an exclusive “First Edition” package for the initial 2,000 units of the TVS X, which includes a concierge service and Garmin Smartwatch, enhancing the ownership experience.

About TVS Motor Company: TVS Motor Company is a leading manufacturer of two and three-wheelers based in India. The company is committed to harnessing technology and innovation for a greener and more sustainable future. With a focus on performance, design, and advanced technology, TVS Motor Company aims to redefine mobility solutions for a global audience. TVS X is the latest addition to the company’s diverse portfolio, representing a significant step towards a cleaner and more sustainable future in the electric mobility space.

For more information about TVS X and TVS Motor Company, please visit www.TVSMotor.com/TVS-X.

ALSO READ-Amazon, TVS Motor join hands for EV mobility

Categories
Business

Amazon, TVS Motor join hands for EV mobility

The two companies will also pilot TVS Motor’s electric vehicle solutions through partner bases and delivery associates across the country….reports Asian Lite News

Amazon India and TVS Motor Company on Wednesday announced a collaboration on electric two and three-wheeler deployment, helping to further drive electric mobility in India.

As part of this collaboration, a fleet of electric two-wheelers and three-wheelers from TVS Motor will be deployed for Amazon’s last-mile deliveries.

The two companies will also pilot TVS Motor’s electric vehicle solutions through partner bases and delivery associates across the country.

“This will support our supply chain in minimising the environmental impact of our operations and contribute to Amazon India’s goal of inducting 10,000 EVs into our fleet by 2025,” said Abhinav Singh, Director, Customer Fulfilment, Supply Chain and Global Specialty Fulfilment, Amazon India.

In 2020, the e-commerce major said its fleet of delivery vehicles in the country will include 10,000 EVs by 2025. The induction of these EVs is in addition to Amazon’s global commitment of 100,000 EVs by 2030.

“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,” said Manu Saxena, Senior Vice President, Future Mobility, TVS Motor Company.

TVS Motor is ready with electric two-wheeler and three-wheeler product options for business-to-business (B2B) segment, along with an ecosystem of connected service and alternate ownership.

In addition, the two companies will work in tandem to examine EV use cases for various Amazon business groups for its network and logistical requirements.

Meanwhile, E-commerce giant Amazon will offer its transportation and logistics network as a service to third-party merchants, businesses and direct-to-consumer brands in India.

According to TechCrunch, the company attempts to replicate the model “Buy with Prime” that it has been testing in the US for several months to drive revenue in the key overseas market.

The service, called Amazon Shipping, offers “extensive reach and the highest reliability ” all at the lowest logistics cost,” according to the company’s website.

Amazon Shipping “will pick up your parcels 7 days a week, and deliver them to your customers,” the company adds.

The retailer, which has invested more than $6.5 billion in India over the past seven years, claims to offer shipping at “competitive rates” and to have a dedicated support channel, according to the report.

Moreover, there will be no additional fee for deliveries on weekends, and customers will not be tied to any contract for a consignment, allowing them to cancel the service at any time.

The company’s site says that it has partnered with local firms Shiprocket, Unicommerce, Easyecom, Clickpost and Vinculum for order and delivery management systems.

Also, it has been testing the service for at least a few months in India, the report added.

ALSO READ: Google, Renault expand ties for ‘software defined vehicle’

Categories
Business

TVS Motor bets big on Nkars Mobility

Founded by India’s first Formula 1 ace racing driver Narain Karthikeyan, DriveX is a fully integrated model present across the pre-owned two-wheeler vehicle value chain…reports Asian Lite News

TVS Motor Company, one of the leading manufacturers of two-wheelers and three-wheelers globally, today announced investment in Narain Karthikeyan’s start-up “DriveX” (NKars Mobility Millennial Solutions Private Limited), a pre-owned two-wheeler platform.

TVS Motor sees a strong potential in the pre-owned two-wheeler market, which is witnessing a structural shift from the unorganized to the organized sector. The pre-owned two-wheeler market is growing rapidly and has garnered high levels of investor and customer interest in recent years, driven by digitization and emergence of start-ups. This investment in DriveX is aimed at enabling innovative solutions to lead this transformation.

Founded by India’s first Formula 1 ace racing driver Narain Karthikeyan, DriveX is a fully integrated model present across the pre-owned two-wheeler vehicle value chain. This includes all core areas including procurement, refurbishment, and retailing of multi-brand pre-owned two-wheelers. Incorporated in April 2020, DriveX started off as a two-wheeler subscription platform, providing affordable and flexible mobility solutions and has expanded to five cities in a short span of time.

Speaking on the occasion, Narain Karthikeyan, Founder and CEO of DriveX said, “The pre-owned two-wheeler vehicle market is changing rapidly today. DriveX is a digital first business, serving all brands with unique analytics-led capabilities across the value chains. We have also been successful at launching new business models, including the subscription model in the pre-owned two-wheeler segment. In the coming years, DriveX will aim to strengthen its presence across India, followed by other geographies in due course. With this investment from TVS Motor Company, we are confident of expanding the DriveX vision, and delivering a pre-owned two-wheeler business that exceeds customer expectations.”

Announcing the investment, Sudarshan Venu, Managing Director, TVS Motor Company, said, “The pre-owned two-wheeler market is largely unorganized today. It is delightful to see what DriveX has been able to create and deliver in short time. Narain and his team have built a unique platform that can scale up quickly. DriveX has a vision to bring a change in this segment by building trust, assurance, and transparency through end-to-end, high-quality products and customer experience through innovative solutions. We are confident of DriveX ability to deliver on this vision.” TVS Motor Company is a reputed two and three-wheeler manufacturer globally, championing progress through Sustainable Mobility with four state-of-the-art manufacturing facilities in Hosur, Mysuru and Nalagarh in India and Karawang in Indonesia.

Rooted in our 100-year legacy of Trust, Value, and Passion for Customers and Exactness, we take pride in making internationally aspirational products of the highest quality through innovative and sustainable processes. We are the only two-wheeler company to have received the prestigious Deming Prize. Our products lead in their respective categories in the J.D. Power IQS and APEAL surveys. We have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for consecutive four years. Our group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Our subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland.TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which we operate.

Co-founded in 2020 by Narain Karthikeyan, NKMMS operates under brand name “DriveX” is engaged in (i) leasing two-wheeler motorcycles and scooters and (ii) selling, trading, and distributing pre-owned two-wheeler motorcycles and scooters. NMMSPL operates a digital platform ‘DriveX’ which provides two-wheelers to customers on a sub-scription model for a flexible tenure and on a purchase model, along with certain ancillary services.

ALSO READ: Market Leaders Seek New Data