US EditionHyundai Motor and TVS Motor Formalize Partnership to Drive Electric Three-Wheeler Commercialization in India
The partnership will combine Hyundai’s design expertise and TVS Motor’s local platform knowledge to build purpose-made models for Indian roads.
- On Monday, Hyundai Motor Company and TVS Motor Company signed a Joint Development Agreement to develop and commercialize electric three-wheelers for India and other markets, marking a major push towards sustainable last-mile mobility.
- The partnership follows the successful presentation of the E3W concept at the Bharat Mobility Global Expo 2025, aiming to deliver mobility solutions tailored to India's unique transportation needs.
- Hyundai Motor will lead design using its human-centric approach, while TVS Motor co-develops using its advanced electric platform and deep local engineering expertise for the E3W.
- Senior Vice President Joongsun Ko of Hyundai Motor called the collaboration a "strategic decision" aimed at enabling "broader access to safer and more sustainable transportation" across India.
- TVS Motor will lead local sales and exports leveraging four manufacturing facilities in India and Indonesia, as Sharad Mishra, President, Group Strategy, said the agreement "advances our shared ambition" to transform mobility quality.
51 Articles
51 Articles
Hyundai Motor Signs Joint Development Agreement with India's TVS to Build Electric Tuk-tuks Hyundai Motor Group is engaging in a strategic collaboration with a local company to launch the E3V, a three-wheeled electric vehicle tailored for the Indian market. These three-wheeled vehicles, known as "tuk-tuks," are a representative means of livelihood and transportation for ordinary people in India. On the 20th (local time)
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Hyundai Motor and TVS Motor Formalize Partnership to Drive Electric Three-Wheeler Commercialization in India
Hyundai Motor Company and TVS Motor Company sign Joint Development Agreement to deliver and commercialize electric three-wheelers in India and additional marketsProducts to be jointly developed by both companies, combining electric mobility expertise and deep understanding of customers' needsBoth companies…
Hyundai Motor, TVS Motor Sign Pact to Develop Electric Three-wheelers for India
Get latest articles and stories on Business at LatestLY. Hyundai Motor Company and TVS Motor Company on April 20, 2026, signed a Joint Development Agreement (JDA) to develop and commercialise electric three-wheelers (E3W) for India and other markets, marking a major push towards sustainable last-mile mobility. Business News | Hyundai Motor, TVS Motor Sign Pact to Develop Electric Three-wheelers for India.
Hyundai Motor and TVS Motor partner to develop electric three-wheelers
New Delhi: Hyundai Motor Company and TVS Motor Company have entered into a joint development agreement (JDA) to develop and commercialise electric three-wheelers (E3Ws) for India, with potential expansion into other markets. The collaboration follows the unveiling of a concept vehicle at the Bharat Mobility Global Expo 2025 and is positioned around addressing last-mile mobility requirements in the country. Under the agreement, Hyundai Motor will…
Hyundai and TVS Jointly Architect India’s Smartest E3W
Hyundai Motor and TVS Motor have signed a Joint Development Agreement (JDA) to advance the development and commercialization of innovative Electric Three-Wheeler (E3W) solutions designed specifically to address India's last-mile mobility needs. The partnership was formalized following the successful presentation of the E3W concept at the Bharat Mobility Global Expo 2025 where the two companies showcased a prototype of their Electric Three-Wheele…
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