Hyundai and TVS Motor to commercialise electric 3-wheelers

Hyundai Motor Company (Hyundai) and TVS Motor have signed a Joint Development Agreement to advance the development and commercialisation of innovative Electric Three-Wheeler (E3W) solutions designed specifically to address India's last-mile mobility needs.

The partnership formalised following the successful presentation of the E3W concept at the Bharat Mobility Global Expo 2025 and represents a significant step towards bringing tailored mobility solutions to Indian consumers. This also reinforces both companies' commitment to sustainable urban transportation.

Under the agreement, Hyundai will lead the design of and co-develop the E3W by leveraging its research and development expertise, advanced mobility technologies, and human-centric design approach.

TVS Motor will co-develop the product using its leading-edge electric platform, extensive three-wheeler engineering expertise, and deep local market knowledge. The company will also lead local sales, with its manufacturing operations in India catering to Indian market demand and future exports.

Commenting on the partnership and development, TVS Motor said that by bringing together both companies' complementary strengths, the collaboration "reinforces our commitment to scalable, sustainable last-mile mobility while setting new benchmarks in technology, quality, customer experience, and a legacy of trust."