Hyundai Motor, TVS Motor formalise partnership to drive E3W commercialisation in India
Hyundai Motor and TVS Motor have signed a Joint Development Agreement to co-develop and commercialise Electric Three-Wheeler (E3W) solutions for India’s last-mile mobility segment. Hyundai will lead design and leverage its advanced R&D and mobility technologies, while TVS Motor contributes its electric platform expertise and strong local market understanding. The partnership aims to tap into India’s fast-growing E3W market with efficient, human-centric, and scalable electric mobility solutions.