Hyundai Motor Company Partners TVS Motor Company to Boost Electric Three-Wheeler Market.

Hyundai Motor Company and TVS Motor Company have entered into a strategic partnership to tap into the rapidly growing electric three-wheeler (E3W) market in India.

The two companies on Monday signed a Joint Development Agreement (JDA) aimed at advancing the development and commercialisation of electric three-wheeler solutions tailored to meet the country’s last-mile mobility needs.

Under the agreement, Hyundai Motor will lead the design and co-development of the E3W platform, leveraging its research and development capabilities, advanced mobility technologies and human-centric design approach, the companies said in a joint statement.