TVS Motor Company completed the acquisition of a 75% stake in Swiss E-Mobility Group from Constellation Capital for $65m.

TVS Motor Company, an Indian multinational automotive company, completed the acquisition of a 75% stake in Swiss E-Mobility Group, a provider of e-mobility solutions within the DACH region, from Constellation Capital, a private equity firm, for $65m. "TVS Motor has always been committed to sustainability and has been investing in electric vehicles for over 10 years. The increasing global focus on the environment and personal well-being is rapidly accelerating demand for newer mobility solutions, and TVS Motor is investing to drive this change," Venu Srinivasan, TVS Motor Company Chairman.