- Celebrating 10 years of a fruitful partnership between TVS Motor Company Ltd and BMW Motorrad.
- Production milestone: 150,000 units of BMW Motorrad’s 310cc series motorcycles.
- Joint ventures in new platforms, future technologies, and electric vehicles.
- BMW CE 02 production commences at TVS Motor’s Hosur plant.
- TVS Motors Ltd’s stock showcases impressive growth, with a market cap exceeding Rs 70,000 crore.
1. A Decade of Collaboration:
TVS Motor Company Ltd and BMW Motorrad are celebrating a decade of their strategic alliance, a journey marked by innovation, collaboration, and setting new benchmarks in the automotive industry. Over these years, they have not only achieved significant milestones but have also delivered exceptional motorcycles to a global clientele.
2. Commemorating Success:
In honor of this 10-year partnership, TVS Motor Company, a global leader in the production of two-wheelers and three-wheelers, proudly announced the production of a staggering 150,000 units of BMW Motorrad’s renowned 310cc series motorcycles.
3. Shared Vision and Achievements:
The foundation of this partnership is built on mutual values of quality, performance, and innovation. Their combined efforts have resulted in numerous accomplishments, further strengthening their bond. This synergy led to the decision in December 2021 to broaden the scope of their collaboration.
4. Looking Ahead:
The expanded partnership now sees TVS Motor and BMW Motorrad jointly venturing into the development of new platforms and cutting-edge technologies, with a keen focus on electric vehicles. Moreover, TVS Motor Company has taken on the mantle of designing and developing future BMW Motorrad products, ensuring top-notch quality, efficient supply chain management, and streamlined industrialization. A testament to this growing partnership is the initiation of the BMW CE 02 production at TVS Motor’s state-of-the-art Hosur manufacturing facility.
5. Stock Performance:
On the stock market front, TVS Motors Ltd witnessed a slight uptick on Friday, with shares rising by 0.25% to Rs 1,501.35 each. The stock touched an intraday high of Rs 1,518.95 and a low of Rs 1,496.20. With multibagger returns of 220% over the past 3 years and an astonishing 3,475% growth over a decade, TVS Motors Ltd stands tall with a market capitalization surpassing Rs 70,000 crore. This Large-Cap stock is undoubtedly one to watch for investors.
Disclaimer: This article is purely for informational purposes and should not be viewed as investment advice. Always conduct your own research or consult with a financial advisor before making any investment decisions