TVS Motor in negotiations with ADIA, Goldman, Carlyle for EV investment: Report

white and black car parked
  • TVS Motor is in talks with ADIA, Goldman, and Carlyle for an EV investment.
  • The investment would be between $300 million and $350 million.
  • This would value TVS at around $3 billion to $3.5 billion, making it India’s most valuable EV two-wheeler manufacturer.