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Electric Three-Wheelers Development Partnership

Sector: Automotive • Location: India

Source: InvestyWise

Project
Planned

Hyundai Motor Company and TVS Motor Company have entered a strategic Joint Development Agreement to develop electric three-wheelers for India and global markets. Hyundai will lead the concept design, both companies will jointly develop the vehicles, and TVS will handle procurement, manufacturing, sales, and distribution. The partnership aims to enhance last-mile mobility with safer and eco-friendl

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The project “Electric Three-Wheelers Development Partnership” is an infrastructure initiative in the Automotive sector, located in India. Taiyo aggregates data on it from InvestyWise.

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Participants

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planned

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Description

Description

Hyundai Motor Company and TVS Motor Company have entered a strategic Joint Development Agreement to develop electric three-wheelers for India and global markets. Hyundai will lead the concept design, both companies will jointly develop the vehicles, and TVS will handle procurement, manufacturing, sales, and distribution. The partnership aims to enhance last-mile mobility with safer and eco-friendly electric three-wheelers.

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Source

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High

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