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Bloomberg Quint

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Image Credit: Bloomberg Quint

TVS Motor Combines Singapore EV Firm ION Mobility's Key Assets With Self

  • Two and three-wheeler manufacturer TVS Motor Co. integrated the assets of ION Mobility, a full-stack EV company based in Singapore.
  • The integration marks a major step toward unlocking new possibilities and strengthening TVS Motor's footprint in Southeast Asian electric vehicle markets.
  • ION Mobility Founder and CEO, James Chan, has joined TVS Motor to lead the company's business across ASEAN markets and develop the M1-S electric mobility platform.
  • With TVS Motor's acquisition of ION Mobility's assets, IP, and core team, the company aims to accelerate market penetration and grow its share in Southeast Asia.

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