Tube Investments of India exploring electric two-wheeler space: Managing Director
The Hindu
‘Firm ready to jump into profit pool’
Tube Investments of India Ltd. (TII), which is gearing up to unveil electric three-wheelers by the first quarter of 2022, is exploring the possibility of manufacturing electric two-wheelers to see if it could be profitable, said the company MD, Vellayan Subbiah. “It is still early days. We are exploring,” Mr. Subbiah said during the Q1 analysts call. “TII is still exploring the two-wheeler space to understand whether it makes business sense, where a slew of new original equipment manufacturers have reportedly ended up losing money,” Mr. Subbiah said.More Related News