myTVS, India's digital automotive aftermarket platform and part of the $3 billion TVS Mobility Group, has officially launched its pan-India 'Mobility-as-a-Service' (MaaS) platform, targeted at last-mile EV fleet operators. This comprehensive platform integrates a range of services for the entire electric vehicle (EV) fleet lifecycle, including leasing, real-time fleet management, servicing, spare parts management, charging solutions, telematics, roadside assistance, insurance and tyre management.
The MaaS platform boasts a digital inventory of over 180,000 SKUs and offers vehicle refurbishment services to enhance fleet longevity and efficiency. myTVS aims to become the go-to brand for last-mile fleet operators, enabling them to effectively scale operations through strategic partnerships with all stakeholders in the EV ecosystem.
As part of this initiative, MyTVS has entered into a strategic alliance with Moeving, a leading EV-based logistics company in India. This partnership is expected to drive growth in the fast-evolving quick commerce sector, which is rapidly moving towards electrifying its operations to meet sustainability goals.
“This launch marks a significant shift for MyTVS from personal mobility to fleet mobility solutions,” said G Srinivasa Raghavan, Managing Director, MyTVS. “Our platform is designed to meet the growing demands of personal and fleet mobility customers, ensuring efficiency and sustainability. With over 1,000 service outlets across India, we are uniquely positioned to support fleet operators with 24/7 telematics, a network operations centre and diagnostic services that maximise vehicle uptime.”
Vikas Mishra, CEO of MoEVing, emphasised the importance of ecosystem partnerships to accelerate EV adoption in India. “The launch of the MaaS platform by myTVS addresses a critical market need, providing a holistic solution that aligns with our mission to enhance service delivery and expand our national footprint.”
A recent BCG report forecasts significant growth in the organised last-mile delivery market, particularly in the food, grocery and e-commerce sectors, with EV adoption rates projected to reach 20-30% in organised fleets by 2025.
Raghavan concludes, “With over 1 million customers, MyTVS is one of the fastest-growing aftermarket service providers in India. We plan to add 2,500 more outlets in the next two years, aiming to achieve a market share of 10-12%.”
The myTVS MaaS platform offers flexibility and is designed to seamlessly integrate with OEM manufacturers, insurance providers, financial services, and leasing companies, ensuring comprehensive support for all stakeholders in the electric mobility landscape.
