Amazon India Signs MoU With TVS Motor To Scale EV Deployment

Amazon India and TVS Motor Company have announced a strategic partnership to boost electric transportation, infrastructure, and services. TVS Motor’s electric two- and three-wheelers will be used for Amazon’s last-mile deliveries.

Both firms will study EV use cases for Amazon’s network and logistics needs. The two firms will pilot TVS Motor’s electric car solutions across India. In 2021, TVS signed an MoU with the TN government for a Rs. 1,200 crore investment in future technologies and electric vehicles.

Key takeaways from the partnership

  • Amazon India claimed in 2020 that it would have 10,000 EVs by 2025. This is part of its work toward The Climate Pledge, a commitment to reach net-zero carbon by 2040, 10 years before the Paris Agreement.
  • Amazon plans to introduce 100,000 EVs globally by 2030. Amazon India’s partnership with TVS Motor Company helps it move toward its goals of e-mobility and net-zero emissions.
  • This collaboration is also consistent with TVS Motor’s announcements aiming to have electric vehicles in segments such as delivery, commuter, and premium.
  • TVS Motor Company will release a full line of electric two-wheelers and three-wheelers on domestic and international markets over the next eight quarters.

The partnership will be crucial in helping the company increase its footprint in all of India’s main cities, as well as in developing and implementing charging solutions and alternative ownership models.

With the possibility of more EVs being used in Amazon’s last-mile delivery, local logistics firms, delivery employees, fleet operators, and EV stakeholders all stand to benefit from this extended engagement.

Speaking on the announcement, Abhinav Singh, Director – Customer Fulfilment, Supply Chain and Global Specialty Fulfilment, Amazon India, said:

The collaboration marks another decisive step for Amazon to achieve our goal of becoming net-zero carbon by 2040, as part of our commitment to The Climate Pledge. Electric mobility is a significant component of our business operations and we are resolute in our commitment to transforming our transportation network to serve our customers more sustainably.

Our collaboration with TVS Motor strengthens our delivery network by adding electric two and three-wheelers to our existing fleet. This will support our supply chain in minimising the environmental impact of our operations and contribute to Amazon India’s goal of inducting 10,000 EVs into our fleet by 2025.

Speaking on the collaboration, Manu Saxena, Senior Vice President, Future Mobility, TVS Motor Company, said:

We have always been at the forefront of driving electrification in the industry with our continued focus in the two-wheeler and three-wheeler segment. With the great success of TVS iQube Electric, we now intend to expand our electric offering across multiple segments and commercial mobility stands at the opportune inflection point.

TVS Motor is now ready with electric two-wheeler and three-wheeler product options for B2B along with an ecosystem of connected service and alternate ownership. We are happy to collaborate with Amazon India, which marks a big milestone in our journey, and contribute to our joint goals of electrifying their mobility services. We are confident that this collaboration will open the door to creative solutions that will further nurture a more resilient, sustainable, and brighter future.

Source