TVS Ties Up with Swiggy For Food Delivery On Electric Vehicles

TVS Motor Company ties up with Swiggy for food delivery and other on-demand services on Electric Vehicles.

The Bengaluru-based food delivery giant will test the functionality of TVS Motors’ electric vehicles for its food delivery and other on-demand services such as InstaMart, Genie. Currently, Swiggy works with more than two lakh delivery partners.

TVS is ramping up its electric vehicle commitment. Since the TVS iQube is the only EV available at the moment, likely the operation will begin with it. 

After already selling its iQube electric scooters in 33 cities across India (including Delhi, Bangalore, Chennai, Pune, Kochi, and Coimbatore), the company has now signed a memorandum of understanding with Swiggy to increase the percentage of EVs in Swiggy’s delivery fleet.

The two companies are also exploring the co-creation of sustainable and comprehensive solutions for Swiggy’s delivery partners

This agreement includes working on customized packages like a need-specific product, flexible financing options and, connected services.

“Our collaboration with Swiggy is a key step towards strengthening the electrification of mobility in food delivery and last-mile delivery services, furthering the easy adoption of EVs among customers. This also marks our foray into showcasing our commitment in the electric commercial mobility segment,” TVS Motor Company Senior Vice President (Future Mobility) Manu Saxena said.

Mihir Rajesh, Vice President Operations, Swiggy, has explained that the brand has committed to making deliveries spanning 8,00,000km per day through electric vehicles by 2025. This agreement should help it take the first few small steps towards such an ambitious goal.

The TVS iQube is powered by a 4.4kW motor fed by a 2.25kWh battery pack, which allows an indicated top speed of 80kph and a claimed range of 75km.

On the other hand, several major companies like Amazon, Flipkart, and Swiggy’s competitor Zomato — have committed to EVs for 100% of their delivery fleet by 2030.