ION Mobility
ION Mobility closes $18.7M Series A funding, brings TVS Motor Company on board as strategic investor
Singapore-based electric vehicle (EV) maker ION Mobility (ION) has on Thursday announced new investments of $18.7 million in its Series A funding round. Additionally, the company also brings TVS Motor Company on board as its strategic investor, through TVS Motor’s Singapore subsidiary, TVS Motor (Singapore).
Building Southeast Asia’s EV motorbike ecosystem, an interview with ION Mobility’s James Chan [Podcast Q&A]
"With the EV transition, we’re not just going to benefit from significant efficiency gains in converting stored electrical energy into mobility. We’re also going to make that evolutionary leap from being analog devices to completely digital and always-connected personalized devices, just like the ubiquitous smartphone."
Singapore’s ION Mobility completes $6.8M Seed round ahead of smart electric motorbike launch
ION Mobility is preparing to unveil its smart electric motorbike later this year. With this latest round of institutional capital, the company takes the next step to set up its manufacturing operations in Singapore and Indonesia in preparation to launch in-market.
