FILE PHOTO: A logo of BMW is seen outside a BMW car dealer, amid the coronavirus disease (COVID-19) outbreak in Brussels, Belgium May 28, 2020. REUTERS/Yves Herman
BENGALURU (Reuters) - India's TVS Motor Company said on Wednesday it will develop electric vehicles (EV) with BMW's motorcycle brand in India, joining a host of Indian automakers that have sought to expand their clean mobility offering.
Earlier in the day, TVS shares jumped as much as 7.4% after media reports said the companies were likely to announce a joint alliance for making and exporting electric vehicles from India
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