Hyundai Motor Company and TVS Motor Company Explore Partnership to Redefine Last Mile Mobility Solutions

Hyundai Motor Company and TVS Motor Company Explore Partnership to Redefine Last Mile Mobility Solutions

New Delhi,  January 20, 2025: TVS Motor Company and Hyundai Motor Company (HMC) today unveiled concept models of advanced electric three-wheelers and micro four-wheelers at Bharat Mobility Global Expo 2025. The concept models address the pressing need for sustainable mobility and align with the evolving demands of road and urban infrastructure in one of the world’s fastest growing economies. Together with Hyundai Motor, TVSM is exploring to contribute to the last-mile mobility market of India. While binding agreements are yet to be executed, Hyundai Motor is exploring to offer design, engineering and technology while TVSM will contribute towards manufacture, market and co-development of the vehicles.
 
These innovative concepts underline 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 standards in design, engineering, technology, and quality."
 
Commenting on the concepts, SangYup Lee, Executive Vice President and Head of Hyundai and Genesis Global Design, Hyundai Motor, said, “Hyundai Motor is a customer-centric brand, and caring for people in India is our first mission. This commitment has driven us to explore designing micro-mobility solutions tailored to India's unique environment, reimagining the iconic three-wheeler to enhance mobility experiences through thoughtful design. Collaborating with TVS Motor, we aim to locally produce the three-wheeler while exploring global opportunities for the four-wheeler, blending intuitive functionality with the spirit of a rapidly innovating India.”