TVS Motor Company Partners with Swiggy for Electric Mobility

TVS Motor Company has formed a strategic alliance with Swiggy - the country's leading food delivery platform. As per the MoU, TVS iQube electric scooter will be deployed for food delivery and other on-demand services of Swiggy. The company is expanding the presence of the iQube Electric across all major cities by the end of the financial year. The electric scooter is presently available in 33 cities, including Delhi, Bangalore, Chennai, Pune, Kochi and Coimbatore. The two companies are exploring the co-creation of sustainable and comprehensive solutions for Swiggy’s delivery partners.

The companies will work on creating customized packages like a need-specific product, flexible financing options and connected services. Notably, the pilot will play a vital role in the adoption of EVs in food delivery and on-demand delivery services. “Swiggy has been pioneering the need for greater EV adoption, with a commitment to make deliveries spanning 8,00,000 kilometers per day through EVs by 2025. We believe they offer a sustainable solution in green mobility while also empowering our delivery partners to earn more.  This pilot with TVS will help us better understand the needs of the delivery fleet and the steps we can take to make our operations more greener and sustainable.” said Mihir Rajesh Shah, Vice President Operations, Swiggy.

“TVS Motor Company has been at the forefront of delivering green and connected vehicles to our customers.  Our collaboration with Swiggy is a key step towards strengthening the electrification of mobility in food delivery and last-mile delivery services, furthering the easy adoption of EVs amongst customers.  This also marks our foray into showcasing our commitment in the electric commercial mobility segment.  We look forward to our alliance with Swiggy, who are the leaders in the Indian food and on-demand delivery market and are leading the way in creating a wide and sustainable e-mobility ecosystem in the country,” said,  Mr. Manu Saxena, Senior Vice President – Future Mobility, TVS Motor Company.