It appears TVS will have an electric branch soon. The company recently acquired Ego Movement, a Switzerland-based electric bicycle company. In July it announced a focus on electrified vehicles.
Now the company has announced it will launch its own TVS electric subsidiary. This subsidiary won’t just sell electric bikes, it will conduct business at every level from conception vehicles to sales.
TVS is a major player in the Indian motorcycle and scooter industry, and it owns many well-known brands including Norton.
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