Corporate News     25-Oct-23
TVS Motor forges strategic collaboration with ION Mobility
To launch electric motorcycles in Indonesia under Project Dynamo
ION Mobility - a Singapore-based technology startup - will enter the sports scooter market segment by unveiling Project Dynamo at the Indonesia Motorcycle Show (IMOS) 2023 between October 25 & 29, 2023.

Project Dynamo results from ION Mobility's strategic collaboration with TVS Motor Company, a reputed manufacturer of two-wheelers and three wheelers globally.

ION Mobility and TVS Motor deepen their collaboration through Project Dynamo, which began in February 2023 after TVS Motor led ION Mobility's Series A funding of US$18.7 million as its strategic investor.

Project Dynamo is ION Mobility's conceptual adaptation of the TVS X, TVS Motor's premium flagship crossover EV, which was launched earlier this year.

Through this project, ION aims to capture the needs of Indonesian riders who prioritize performance and speed while improving upon the advantages of efficient and environmentally friendly electric vehicles.

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