Posted inBusiness

Amazon India, TVS Motor sign MoU to scale EV deployment

In 2020, Amazon India announced that it would include 10,000 EVs in its delivery fleet by 2025

Amazon India and TVS Motor Company have entered into an engagement to strengthen electric mobility, electric infrastructure and connected services. As part of this collaboration, a fleet of electric two-wheelers and three-wheelers from TVS Motor will be deployed for Amazon’s last-mile deliveries. In addition, the two companies will work in tandem to examine EV use cases for various Amazon business groups for its network and logistical requirements. In order to test solutions, the two companies will pilot TVS Motor’s electric vehicle solutions through partner base and delivery associates across India.

“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,” said Abhinav Singh, director, customer fulfilment, supply chain and global specialty fulfilment, Amazon India. “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,” he added.

Manu Saxena, senior VP, future mobility, TVS Motor Company, said, “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.”

In 2020, Amazon India announced that it would include 10,000 EVs in its delivery fleet by 2025. This is part of its overall progress towards The Climate Pledge – a commitment to achieve net-zero carbon by 2040, 10 years ahead of the Paris Agreement. The induction of these EVs is in addition to Amazon’s global commitment of 100,000 EVs by 2030.

This partnership is also in line with TVS Motor’s announcements aiming to have electric vehicles across segments like delivery, commuter and premium. TVS Motor Company will introduce a full portfolio of electric two-wheelers and three-wheelers over a period of eight quarters in the domestic and international markets.

Local logistics players, delivery associates, fleet operators, and EV stakeholders will be able to benefit from this extensive collaboration as it offers a potential increase in the share of EVs in Amazon’s last-mile delivery, and provides them with an opportunity to participate in TVS Motor’s product and service offerings in the commercial mobility segment.