The companies said that the first product jointly developed by both the companies will be showcased to the world by 2023
TVS Motor Company and BMW have announced that they will be expanding their long-term cooperative partnership to develop electric vehicles in the country, in light of the growth of the sector.
“In light of our fruitful association with TVS, we are delighted to extend our cooperation to include… joint development of new platforms including electric vehicles,” said Markus Schramm, Head of BMW Motorrad.
The companies said that the first product jointly developed by both the companies will be showcased to the world by 2023.
Both the companies will jointly develop new platforms and make their exclusive products on these common platforms. These products will be sold globally.
Under the partnership, TVS will be responsible for designing and developing future BMW Motorrad products as well as look after supply chain management, and industrialisation.
The Chennai-based company will continue to look after engineering prowess in design and manufacturing as well as provide best-in-class quality to the products.
Both BMW Motorrad and TVS will mutually tap the emerging technologies in the future mobility space while tracking the global requirements of customer segments.
“The new world of future mobility encompasses a strong play through alternate solutions, including electric mobility. Expanding this successful partnership to EVs and other newer platforms will create opportunities to deliver advanced technology and aspirational products to global markets,” said Sudarshan Venu, Joint Managing Director, TVS Motor Company.
