Why BMW ups its bets on TVS Motor Partnership, and India

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Key Points

BMW Motorrad, the two-wheeler arm of the German luxury major BMW, targets big growth in its EV sales..

Dr. Markus Schramm, Head of BMW Motorrad says the target is to double the share of EVs in his company's global sales this year..

Last year, out of BMW Motorrad's total sales of 200,000 units, 2.5% were EVs..

With products based on only one platform, 12% of BMW Motorrad's global production comes from TVS Motor's Hosur plant...

With the new move in the electric mobility space, and with more ICE (Internal Combustion Engine) products planned for production by TVS Motor, India's role in BMW Motorrad's global scheme of things is set to grow bigger...