HOSUR: TVS Motor Company on Monday announced entering into a strategic partnership with Convergence Energy Services Ltd to jointly develop the public charging ecosystem for iQube Electric across India.
The two companies inked the deal on World Environment day this year, making TVS Motor Company the first two-wheeler manufacturer to partner with CESL.
The company’s MoU with CESL, a 100% owned subsidiary of EESL, is in line with its commitment of expanding the presence of TVS iQube Electric in over 20 cities by the end of FY 2021-22.
As part of the partnership, CESL will help strengthen the charging infrastructure in these cities for the customers of the electric scooter.
“We will continue to contribute to India’s electric adoption, staying true to our brand purpose, TVS IQUBE CHARGE LIFE.
This year TVS iQube Electric will be available in over 20 cities in India.
In addition to its home charging options, it will be the TVS dealership charging network, and the emerging public charging ecosystem, with strong players like CESL that will accelerate India’s EV journey,” – Manu Saxena, Vice President, Future Mobility & Dealer Transformation, TVS Motor Company
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