TVS Motor (Singapore) Pte Ltd.has signed an agreement to acquire EV related technology and assets in Germany

December 9, 2022
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 December 9, 2022:TVS Motor Company Limited through its wholly owned subsidiary i.e. TVS Motor (Singapore) Pte. Limited (TVSM Singapore) has signed an agreement to acquire EV-related technology and assets in Germany. TVS Singapore will be acquiring the assets through its subsidiary BBT 35/22 Vermögensverwaltungs GmbH (name proposed to be changed to Celerity Motor GmbH). The said purchase will help strengthen the TVS’ expansion in the EV 2-wheeler market globally.

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