TVS Motor Company has extended its alliance with Singapore-based tech startup Ion Mobility for its entry into the sports scooter segment in Indonesia.
The entry will be via Project Dynamo, Ion Mobility’s conceptual adaption of TVS Motor’s premium flagship crossover electric two-wheeler TVS X.
ION Mobility and TVS Motor deepen their collaboration through Project Dynamo, which began in February 2023 after TVS Motor led ION Mobility’s Series A funding of US$18.7 million as its strategic investor.
Through this project, ION aims to capture the needs of Indonesian riders who prioritise performance and speed while improving upon the advantages of efficient and environmentally friendly electric vehicles.
Ion Mobility founder and CEO James Chan said, “We are committed to elevating the ION brand into the top lifestyle brand for electric motorcycles in Indonesia, and believe that the co-creation that comes from both of our teams’ combined efforts will absolutely delight Indonesian motorcyclists in the months and years ahead.”
Sharad Mohan Mishra, President – Group Strategy, TVS Motor Company said, “TVS Motor Company has always been at the forefront of innovation and excellence. In line with our vision of providing sustainable mobility solutions, we are driven to redefine urban transportation with our electric two-wheelers. Our focus on electrification is a testament to our commitment to a cleaner, greener, and more connected future which was validated through our recently launched TVS X.”
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