Hyundai and TVS Electric Three-Wheeler Joint Development

planned

Hyundai Motor Company and TVS Motor Company have signed a Joint Development Agreement to co-develop and commercialize innovative electric three-wheelers tailored for India's last-mile mobility needs. Hyundai will lead design and co-development leveraging global R&D and human-centric design, while TVS will utilize its electric vehicle platform, engineering expertise, and lead local manufacturing, sales, and distribution in India. The project focuses on sustainable, zero-emission transportation solutions with features like adaptive ground clearance, enhanced safety, ergonomic design, advanced thermal management, and flexible interior configurations. The vehicle will be produced using a highly localized supply chain in India to reduce costs and create jobs.