Business Standard

TII gears up for EV re-entry; to focus on e-tractors, 3-wheelers, heavy CVs

The group is learning from an unsuccessful foray into e-scooters by focusing on electric tractors, three-wheelers and heavy commercial vehicles

electric scooters
Premium

This time, the company is better prepared than in 2008, industry experts suggest. More importantly, the company is looking to build synergies within the group with this venture.

Shine Jacob Chennai
Almost seven years before the release of Baahubali: The Beginning, actor Tamannaah became one of the country’s first brand ambassadors of an electric scooter in November 2008. It was her emerging popularity in the Telugu and Tamil movie industries that prompted BSA Motors (a unit of Tube Investments of India, TII, from the Murugappa Group) to rope in Tamannaah for its foray into electric vehicles or EVs.
 
Being the makers of iconic bicycle brands such as BSA and Hercules, EVs were a new terrain for TII. At that time, the company had launched five models of e-scooters —

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in