Partnership Announcement

TVS Motor Company and Hyundai Motor Company (HMC) have officially announced their partnership to enter the micro mobility segment in India. This strategic collaboration was unveiled at the Bharat Mobility Global Expo in Delhi, marking a significant step towards innovative urban transportation solutions.

Concept Models Unveiled

At the expo, both companies showcased their concept models of electric three-wheelers and micro four-wheelers. These models represent a leap forward in eco-friendly and efficient urban transportation, tailored to meet the unique demands of Indian cities.

Collaborative Efforts

While the binding agreements are still in the works, Hyundai Motor is set to contribute with its expertise in design, engineering, and technology. In contrast, TVS Motor will focus on manufacturing, marketing, and co-development of the vehicles. This partnership aims to locally produce three-wheelers and globally export micro four-wheelers, leveraging the strengths of both companies.

Future Prospects

SangYup Lee, executive VP and head of Hyundai and Genesis Global Design, expressed excitement about designing micro-mobility solutions specifically for India. Sharad Mishra, president of group strategy at TVS Motor Company, highlighted the potential of this partnership to redefine last-mile connectivity with next-generation micro-mobility solutions.

Innovative Features

The electric three-wheeler concept introduced by Hyundai Motor is not just a people mover but also serves as a logistics carrier or a rapid-response emergency vehicle. Its foldable seat for wheelchair users and adjustable design for navigating narrow and waterlogged streets showcase the innovative approach towards solving urban mobility challenges.