TVS, Kadam To Deploy 500 Electric 3-Wheelers
ECONOMY & POLICY

TVS, Kadam To Deploy 500 Electric 3-Wheelers

TVS Motor Company has signed a Memorandum of Understanding (MoU) with Kadam Mobility to deploy 500 units of the TVS King EV MAX electric three-wheelers across major metro and Tier 1 cities during the 2025–26 financial year. The partnership aims to strengthen sustainable urban mobility and promote inclusive growth.

Starting in Q2 of FY25–26, Kadam Mobility will integrate the vehicles into its existing electric ecosystem, which includes charging infrastructure, EV operations, and driver training programmes. The phased rollout also aims to generate livelihood opportunities for underrepresented communities, with a focus on empowering women.

The TVS King EV MAX features a range of 179 kilometres, fast charging capability, a spacious cabin, and Bluetooth-enabled TVS SmartXonnect™ technology. The vehicle is tailored to support reliable, efficient, and eco-friendly passenger mobility, aligning with Kadam Mobility’s efforts to scale clean transportation solutions.

Rajat Gupta, Business Head – Commercial Mobility at TVS Motor Company, stated that the collaboration is part of a shared commitment to scaling sustainable transport and livelihood generation. Anubhav Swara, Founder & CEO of Kadam Mobility, highlighted the agreement as a vital move to expand clean mobility infrastructure across India.

The first batch of vehicles is expected to be rolled out in June 2025.

TVS Motor Company has signed a Memorandum of Understanding (MoU) with Kadam Mobility to deploy 500 units of the TVS King EV MAX electric three-wheelers across major metro and Tier 1 cities during the 2025–26 financial year. The partnership aims to strengthen sustainable urban mobility and promote inclusive growth.Starting in Q2 of FY25–26, Kadam Mobility will integrate the vehicles into its existing electric ecosystem, which includes charging infrastructure, EV operations, and driver training programmes. The phased rollout also aims to generate livelihood opportunities for underrepresented communities, with a focus on empowering women.The TVS King EV MAX features a range of 179 kilometres, fast charging capability, a spacious cabin, and Bluetooth-enabled TVS SmartXonnect™ technology. The vehicle is tailored to support reliable, efficient, and eco-friendly passenger mobility, aligning with Kadam Mobility’s efforts to scale clean transportation solutions.Rajat Gupta, Business Head – Commercial Mobility at TVS Motor Company, stated that the collaboration is part of a shared commitment to scaling sustainable transport and livelihood generation. Anubhav Swara, Founder & CEO of Kadam Mobility, highlighted the agreement as a vital move to expand clean mobility infrastructure across India.The first batch of vehicles is expected to be rolled out in June 2025.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->