TVS Motor and Kadam Mobility partner to launch 500 electric three-wheelers in FY 25-26

Team Finance Saathi

    03/Jun/2025

What's covered under the Article:

  1. TVS Motor and Kadam Mobility sign MoU to deploy 500 TVS King EV MAX electric three-wheelers in FY 2025–26.

  2. The partnership focuses on clean mobility, driver empowerment, and expanding EV infrastructure in Indian cities.

  3. Kadam Mobility to prioritize inclusion and job creation, especially for women and underserved communities.

TVS Motor Company, a key player in the two- and three-wheeler segment, has announced a strategic partnership with Kadam Mobility, an electric vehicle-first fleet and infrastructure platform. The companies signed a Memorandum of Understanding (MoU) to deploy 500 units of the TVS King EV MAX electric three-wheelers across India during FY 2025–26.

This collaboration represents a significant milestone in India’s transition towards clean and inclusive urban mobility. The deployment will begin in pilot zones in Q2 FY25–26, followed by phased rollouts in various metro and Tier 1 cities.


A Strategic EV Partnership for Urban India

The collaboration between TVS Motor and Kadam Mobility reflects a shared mission to tackle urban transport challenges through clean energy. This public-private partnership aims to contribute meaningfully to India’s electric mobility roadmap.

Mr. Rajat Gupta, Business Head – Commercial Mobility, TVS Motor Company, emphasized that the TVS King EV MAX is designed with a strong focus on performance, comfort, and range. The vehicle is built to serve last-mile passenger mobility needs and offers a compelling solution for mass-scale fleet deployment.


Key Features of TVS King EV MAX

The TVS King EV MAX stands out with the following features:

  • Impressive range of 179 km on a single charge.

  • Fast-charging capability, ideal for high-utilisation fleet operations.

  • Bluetooth connectivity via TVS SmartXonnect™, improving driver experience and fleet management.

  • Robust and spacious design, enhancing commuter comfort and safety.

  • Built to support affordable, reliable, and green transport options.

These attributes make the King EV MAX an ideal choice for fleet-based transport solutions in crowded urban environments.


Clean Mobility with Inclusive Impact

Kadam Mobility is not just focusing on electric vehicle deployment—it is also prioritizing driver empowerment, especially for women and underrepresented communities. According to Mr. Anubhav Swara, Founder and CEO of Kadam Mobility, the company aims to redefine last-mile and shared mobility through an electric-first, partner-centric approach.

This partnership marks Kadam Mobility’s expansion from delivery to passenger mobility services. It also aims to generate dignified employment by training drivers and integrating them into the formal EV transport economy.


Deployment Plan and Future Scale-Up

The roll-out of these 500 electric three-wheelers will begin with pilot deployments in Q2 of FY 2025–26, gradually expanding to broader route coverage. This phase-wise strategy allows Kadam Mobility to test operational dynamics and optimise routes for maximum impact and utilisation.

TVS Motor’s engineering excellence and Kadam Mobility’s urban-focused EV infrastructure form a strong foundation to drive scale, sustainability, and social equity in public transport systems.


Powering India’s EV Ambitions

This alliance is aligned with India’s broader vision of electrifying public and shared transport, reducing dependence on fossil fuels, and curbing urban pollution. The partnership is also in line with national targets around EV adoption under FAME II and other urban transport development policies.

By focusing on shared mobility, the deployment contributes towards:

  • Reducing vehicular congestion,

  • Enhancing air quality,

  • And creating equitable job opportunities.

The infrastructure support such as charging stations and driver training modules by Kadam Mobility will further help integrate these EVs into existing urban mobility ecosystems.


Commitment to ESG and Innovation

TVS Motor’s partnership also underlines its Environmental, Social, and Governance (ESG) commitment. By promoting electric vehicles with reduced emissions and noise, TVS and Kadam Mobility demonstrate an innovative, impact-driven approach to green mobility.

The digital-first operations, including smart vehicle tracking and driver support systems, allow for better fleet efficiency and data-driven decision making.


Looking Ahead

The first batch of vehicles is set to roll out by June 2025, marking a key milestone in India’s EV journey. With the successful deployment of these electric three-wheelers, TVS and Kadam Mobility aim to inspire more such collaborations and accelerate clean mobility solutions across the nation.

As this partnership matures, we can expect:

  • More cities joining the deployment pipeline,

  • Upgraded EV models with newer features,

  • And greater focus on building sustainable livelihoods for thousands of urban transport workers.


Conclusion

This initiative between TVS Motor and Kadam Mobility is more than just a vehicle deployment project. It is a model for collaborative innovation, driving green energy adoption, socio-economic inclusion, and urban development. The success of this project can potentially serve as a template for future public-private EV programs, supporting India’s goal of becoming a global leader in electric mobility.

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