TVS Motor, BMW Motorrad to expand tie-up for joint development of electric vehicles
TVS Motor Company's scope will include the design and development of future BMW Motorrad products and delivering world-class quality, supply chain management, and industrialisation.
TVS Motor Company and BMW Motorrad on Wednesday announced that they are extending and expanding their long-term partnership with the joint development of new platforms and future technologies, including electric vehicles.
Based on this decision, TVS Motor Company's scope will include the design and development of future BMW Motorrad products and delivering world-class quality, supply chain management, and industrialisation. Under this enhanced cooperation, both companies have identified a range of products and technologies to deliver significant business benefits.
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BMW Motorrad and TVS Motor Company will develop common platforms by mutually tapping the emerging technologies in the future mobility space, keeping in mind the global requirements of customer segments in various markets. Exclusive products for both companies will be developed on these common platforms, and the companies will retail their products globally.
TVS Motor Company will continue to bring on board engineering prowess in design, manufacturing and supply chain capabilities and provide best-in-class quality and economic advantage. The first product through this cooperation will be showcased in the next 24 months.
(Edited by : Jomy Jos Pullokaran)
First Published: Dec 15, 2021 3:38 PM IST
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