TVS Motor Buys 75% Stake in Swiss E-Mobility Group; Renault-Nissan to Invest $26 Billion in EVs
TVS Motor Company has announced the successful acquisition of Switzerland’s largest e-bike player, Swiss E-Mobility Group (SEMG) in an all-cash deal, while French-Japanese auto alliance of Renault and Nissan has announced to invest 23 billion euros ($26 billion) in electric vehicle (EV)
