myTVS launched ‘Mobility-as-a-Service’ platform

Maas to provide end-to-end vehicle management solutions for last-mile fleet operators

New Delhi- MyTVS is TVS Automobile Solutions Private Limited (TASPL)., a digital automotive aftermarket platform, and part of the $3 billion TVS Mobility Group, has launched its ‘Mobility-as-a-Service’ (MaaS) platform for last-mile EV fleet operators. This comprehensive solution integrates key ecosystem partners, including OEMs, to provide a wide range of services throughout the EV fleet lifecycle. Services include leasing, real-time fleet management, spare parts management (with a digital catalog of 180,000 SKUs), charging solutions, telematics, roadside assistance, insurance, tyre management, and vehicle refurbishment.

With strategic partnerships, including one with MoEVing, a EV logistics company, myTVS aims to become the brand for last-mile fleet operators. The MaaS platform offers customized digital solutions, supporting the rapid electrification needed in the quickly growing quick commerce sector. This initiative aligns with government efforts to accelerate EV adoption and promote green mobility.

Mr. G Srinivasa Raghavan, Managing Director of myTVS said, “The ‘MaaS’ platform is designed to meet the evolving needs of both personal mobility and fleet mobility customers, delivering efficiency and ensuring sustainability. The quick commerce companies are exploring electric vehicle fleets to optimise costs and meet their sustainability goals, and myTVS is well-positioned to lead this transition. We are the only service network with a strong pan India presence with over 1000 outlets to provide seamless service delivery across the nation under one platform for fleet operators. Besides, our extensive service offerings like, 24/7 telematics, Network Operations Centre (NOC) and diagnostic services will ensure maximum vehicle uptime. This will also bring the cost economics into play, providing a win-win solution for both the OEMs and the operators.”

Mr. Vikash Mishra, CEO, MoEVing, mentioned, “At MoEVing, we have always believed that building the right ecosystem partnerships is key to accelerating EV adoption in India. The launch of the ‘MaaS’ platform by myTVS addresses a critical need in the market, offering a comprehensive solution that aligns with our mission. By leveraging myTVS’s extensive service network and technology, this collaboration will allow us to provide customers better service while expanding our national footprint."

By 2025, EV adoption will increase significantly in organised last-mile delivery fleets, with 20-30% adoption across two-wheelers, three-wheelers and four-wheelers.

Raghavan further added, “With over 1 million customers across India, myTVS is one of the fastest-growing aftermarket service providers in India. We aim to add another 2500 outlets in the next two years and grow our market share to 10-12%.”

The myTVS mobility platform can be referred as an adaptable solution for all sparticipants in the EV ecosystem, allowing for integration not only with OEM manufacturers but also with insurance providers, financial service partners, and leasing companies. This collaborative approach of this platform ensures its scalability and provides end-to-end support for electric mobility.