myTVS Launches Revolutionary ‘Mobility-as-a-Service’ Platform for Electric Vehicle Fleets

In a significant move towards sustainable transportation, myTVS, part of the $3 billion TVS Mobility Group, has officially launched its Mobility-as-a-Service (MaaS) platform, specifically designed for last-mile electric vehicle (EV) fleet operators across India. This innovative platform aims to provide comprehensive vehicle management services, positioning myTVS as a key player in optimizing EV operations.

Comprehensive Services for Fleet Management

The myTVS MaaS platform offers an extensive range of services, catering to every facet of EV fleet management. These services include:

• Leasing Options: Flexible leasing arrangements to help operators manage costs effectively.
• Real-Time Fleet Management: Advanced tools for tracking and managing fleet performance.
• Servicing and Spare Parts: Access to a digital catalogue featuring 1.8 lakh SKUs for easy procurement of necessary parts.
• Charging Solutions: Infrastructure support for efficient charging.
• Telematics and Roadside Assistance: 24/7 monitoring and support to minimize downtime.
• Insurance and Tyre Management: Comprehensive coverage options to protect fleet assets.
• Vehicle Refurbishment Services: Enhancing the lifespan of vehicles to ensure operational efficiency.

Strategic Partnerships

To further enhance its service offerings, myTVS has partnered with MoEVing to deliver tailored solutions for quick commerce operators. This collaboration marks a significant transition for myTVS, as it shifts its focus from personal mobility to supporting the burgeoning fleet mobility sector. As the demand for sustainable solutions grows, the electrification of fleets becomes essential in achieving green goals.

Commitment to Sustainability and Efficiency

G Srinivasa Raghavan, Managing Director of myTVS, expressed optimism about the platform’s potential: “The MaaS platform is designed to meet the evolving needs of fleet operators while ensuring sustainability in the expanding quick commerce segment. With over 1,000 service outlets nationwide, we can provide seamless support across India.” He emphasized that services like 24/7 telematics and diagnostic tools will maximize vehicle uptime and enhance cost efficiency for both operators and original equipment manufacturers (OEMs).

Vikash Mishra, CEO of MoEVing, added, “Our partnership with myTVS addresses a critical market need. The MaaS platform offers a complete solution that aligns with our mission to accelerate EV adoption in India. By leveraging myTVS’s service network and technology, we can enhance customer service and expand our reach.”

Future Growth Plans

With a customer base exceeding 1 million in India, myTVS is poised for further growth, aiming to establish 2,500 additional outlets over the next two years and capture 10-12% of the market share. The MaaS platform is designed to be adaptable, integrating seamlessly with OEMs, insurers, financial service providers, and leasing companies, ensuring it meets the needs of all stakeholders in the EV ecosystem.

Conclusion

The launch of the myTVS Mobility-as-a-Service platform marks a significant step towards sustainable fleet management in India. By offering a comprehensive suite of services, myTVS is set to play a crucial role in the electrification of transportation and support the growing demand for efficient, eco-friendly logistics solutions.