Tag: TI Clean Mobility
AUTO TI Clean Mobility Completes Full Acquisition Of Tivolt Electric Vehicles

Murugappa Group company TI Clean Mobility Pvt Ltd (TICMPL) has acquired the remaining three crore equity shares of Tivolt Electric Vehicles Pvt Ltd for ₹30 crore, making it a wholly owned subsidiary. TICMPL is a subsidiary of Tube Investments of India Ltd. This transaction will enable TICMPL to consolidate its holding and have better operational […]

CW Bureau · Apr 1, 2026
AUTO Tube Plans ₹500–750 Cr Fresh Infusion For Clean Mobility Turnaround

Tube Investments of India Ltd (TII) has reaffirmed its long-term commitment to electric mobility, signalling a renewed push to scale its EV vertical TI Clean Mobility, even as the business has taken longer than expected to reach breakeven. Addressing analysts, Vellayan Subbiah, Vice Chairman, Tube Investments of India, acknowledged early execution challenges but said the […]

Sajan C Kumar · Feb 9, 2026