Hyundai and TVS Partner to Develop Electric Three-Wheelers for India
Hyundai, TVS finalise plans to co-develop electric three-wheelers in India
Business Standard
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Hyundai Motor Company and TVS Motor Company have signed a joint development agreement to create electric three-wheelers (E3W) tailored for India's last-mile mobility needs. The partnership aims to leverage both companies' strengths to deliver sustainable and affordable transportation solutions, with the first vehicle expected to launch in the world's largest three-wheeler market.
- 01Hyundai will lead the design of electric three-wheelers, leveraging its R&D expertise.
- 02TVS will co-develop the E3W using its electric platform and local market knowledge.
- 03The partnership aims to localize component manufacturing to strengthen India's automotive supply chain.
- 04Innovative features of the E3W will address unique Indian mobility challenges.
- 05The first vehicle is set to launch as part of a commitment to sustainable urban transportation.
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Hyundai Motor Company and TVS Motor Company have formalized a joint development agreement (JDA) to co-develop electric three-wheelers (E3W) aimed at improving last-mile mobility in India. Hyundai will spearhead the design and development, utilizing its advanced mobility technologies and human-centric design philosophy. TVS will contribute its electric platform and extensive expertise in three-wheeler engineering, focusing on local market needs. This collaboration, which follows the successful presentation of the E3W concept at the Bharat Mobility Global Expo 2025, underscores both companies' commitment to sustainable urban transportation. The E3W will feature adaptive ground clearance, enhanced safety, and ergonomic designs tailored for Indian conditions. A key aspect of the partnership is the localization of component manufacturing, which aims to bolster India's automotive supply chain, create jobs, and reduce vehicle costs. The first E3W is expected to launch soon, marking a significant milestone in the transition to sustainable mobility solutions in India.
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The collaboration is set to create jobs through localized manufacturing and reduce costs for consumers, making electric three-wheelers more accessible.
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