Tag Archives: TVS

New Delhi: Shares of TVS Motor Company zoomed more than 11 per cent in early trade on Tuesday after reports surfaced that the company is in talks to raise funds for its EV subsidiary. According to an ET report, India’s third largest two-wheeler maker is in talks with a clutch of global private equity investors to raise $300-500 million (Rs 2,220-3,700 crore) for its electric vehicle subsidiary. The company may value its electric vehicle (EV) subsidiary at $3.5-4 billion, ET reported, quoting… Source link

Chennai, Dec 15 (IANS) India’s two- and three-wheeler maker TVS Motor Company rolls out 17 per cent of BMW motorcycles from its Hosur factory, the German Consul General in Chennai has said. Visiting the TVS Motor plant recently, Karin Stoll, German Consul General tweeted: “Never seen so many 2-wheelers in my life incl. the results of yet another amazing #indogerman #technology + #manufacturing #partnership. Great visit to @tvsmotorcompany in #Hosur #TamilNadu yesterday, 17% of @BMW bikes… Source link