TVS Motor Completes Killwatt Stake Deal

  Published 11 months ago

TVS Motor (Singapore) paid the final EUR 0.4 million to Killwatt GmbH after milestone completion, finalizing 9.72% stake acquisition.

  • Earlier EUR 3.6 million was paid in tranches during February 2024 and February 2025 for the planned investment.
  • The final payment confirms Killwatt GmbH met its pre-agreed milestone, triggering the balance release.
  • TVS Motor strengthens its global EV ecosystem through strategic investment in Germany-based Killwatt GmbH.
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