Chennai, Sept. 15 -- Two- and three-wheeler manufacturer TVS Motor Company today announced the signing of a Memorandum of Understanding (MoU) with ALT Mobility, a leasing and asset management company, to enable the leasing and deployment of up to 3,000 TVS electric three-wheelers (Passenger & Cargo) during FY 2025-26.
As part of the collaboration, TVS Motor will supply the vehicles, while ALT Mobility will procure, lease, and finance them through its ecosystem.
The models, variants, and specifications will be jointly finalized to meet customer needs. The vehicles will be made available through TVS Motor's authorized dealerships and ALT's points of sale across India.
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