Business

Hyundai Motor Company and TVS Motor Company explore partnership possibility

New Delhi New Delhi: TVS Motor Company and Hyundai Motor Company (HMC) today introduced concept models of advanced electric three-wheelers and micro four-wheelers at the India Mobility Global Expo 2025. The concept models address the urgent need for sustainable mobility and align with the emerging demands for road and urban infrastructure in one of the world’s fastest-growing economies. Together with Hyundai Motor, TVSM is exploring the possibility of contributing to India’s last-mile mobility market. While binding agreements are yet to be finalised, Hyundai Motor is exploring the possibility of offering design, engineering and technology, while TVSM will contribute to manufacturing, marketing and co-development of the vehicles.

These innovative concepts reflect TVSM’s focus on providing mobility solutions that are efficient, exciting, responsible, safe and sustainable.

Commenting on the announcement, Sharad Mishra, President, Group Strategy, TVS Motor Company, said, “TVS is proud to partner with Hyundai to shape the future of urban mobility. By combining Hyundai’s global expertise with our deep understanding of mobility solutions, we aim to develop next-generation micro-mobility solutions that redefine last-mile connectivity. This collaboration reflects our commitment to innovation and sustainability. With a shared vision, we are confident that this partnership will deliver impactful solutions that set new benchmarks in design, engineering, technology and quality.”

Commenting on the concept, Mr. SangYup Lee, Executive Vice President, Hyundai Motor and Head of Hyundai and Genesis Global Design, said, “Hyundai Motor is a customer-centric brand, and caring for people in India is our first mission. This commitment has led us to design micro-mobility solutions to suit India’s unique environment, reimagining the iconic three-wheeler to enhance mobility experiences through thoughtful design. Collaborating with TVS Motor, we aim to produce the three-wheeler locally, while exploring global opportunities for four-wheelers that blend seamless functionality with the spirit of a rapidly innovative India.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button