Hyundai Motor is exploring a partnership with TVS for last mile mobility solutions
Hyundai Motor Company on Saturday said it is exploring a partnership with TVS Motor Company to explore last mile mobility solutions for India.
The South Korean automaker is exploring joining hands with TVS to consider the development of advanced electric three-wheelers and small four-wheelers in India.
The project aims to contribute to India’s mobility market and provide connectivity to Indian cities, the car company said in a statement.
Besides, TVS will explore manufacturing and marketing EVs, partnering with Hyundai Motor to improve the mobility experience in India, it added.
“By partnering with TVS Motor, we aim to localize this three-wheeler while looking at the possibilities of the four-wheeler world, combining sensible performance with the spirit of India’s fast-paced development,” said SangYup Lee, Vice President and Head of Hyundai. Genesis Global Design.
Although no binding agreements have been made, Hyundai Motor is exploring the potential of offering design, engineering and technology, while TVS Motor will explore vehicle manufacturing and marketing, sustainability and flexibility as part of India’s evolving transport sector.
Hyundai has also unveiled concept models of its upgraded electric three-wheeler and mini four-wheeler at the Bharat Mobility Global Expo 2025. The show is scheduled from January 17-22 in Delhi and Greater Noida.
“By combining Hyundai Motor’s global expertise and our deep understanding of mobility solutions, we aim to develop next-generation solutions that redefine last-mile connectivity,” said Sharad Mishra, President, Group Strategy, TVS Motor Company.
This potential partnership demonstrates the company’s commitment to innovation and sustainability, he added.
“With a shared vision, we are confident that the collaboration under discussion will deliver impactful solutions that set new standards in design, engineering, technology and quality,” Mishra said.