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TVS King EV MAX
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TVS Motor Company has signed a memorandum of understanding (MoU) with Kadam Mobility, an EV-first fleet and infrastructure platform, to deploy 500 TVS King EV MAX electric three-wheelers during FY26.
This partnership aims to strengthen sustainable public mobility across India’s metros and Tier 1 cities empowering drivers and advancing inclusive urban growth. Kadam Mobility will roll out these electric vehicles in phases, starting in pilot zones by Q2 of FY26, with a progressive scale-up in vehicle volumes and route coverage, says a communication by TVSMC to the National Stock Exchange.
As part of the launch, the first batch of TVS King EV MAX vehicles will be rolled out this month. This partnership also marks Kadam Mobility’s foray beyond delivery fleets into shared and passenger mobility services. Kadam Mobility plans to leverage this deployment to create dignified employment opportunities, especially for women and underrepresented communities, the announcement said.
The TVS King EV MAX, known for its superior range of 179 km, Bluetooth connectivity through TVS SmartXonnect, fast-charging capability, will support Kadam Mobility’s ambition of offering affordable and sustainable passenger services. The vehicles will be integrated into Kadam Mobility’s existing electric mobility ecosystem, which includes EV deployment, charging infrastructure and driver training.
Clean mobility
Rajat Gupta, Business Head – Commercial Mobility, TVS Motor Company, said, “The TVSKing EV MAX is well-suited to support Kadam Mobility’s mission of enabling clean last-mile and passenger mobility for everyone in need. Together, we aim to drive impact at scale, while also supporting employment generation and dignified livelihoods in the mobility sector.”
Anubhav Swara, Founder & CEO, Kadam Mobility, added: “This collaboration marks a major step toward our goal of scaling clean mobility infrastructure while empowering thousands of drivers with future-ready livelihoods. We are excited to deploy 500 electric vehicles in FY26 as part of this vision.”
At the time of filing this report, the stock price of TVSMC on the NSE was trading at ₹2,747.40, down by ₹16.00 (-0.58 per cent).
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Published on June 3, 2025
This article first appeared on The Hindu Business Line
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