Hyundai and TVS Partner to Develop Electric Three-Wheelers for India
Hyundai Motor Company and TVS Motor Company have signed a joint development agreement to build electric three-wheelers for the Indian market. The collaboration aims to tap into India’s rapidly growing last-mile mobility segment and accelerate the adoption of sustainable urban transport.
The partnership builds on a concept showcased at the India Mobility Global Expo 2025 and marks a significant step toward developing innovative electric mobility solutions.
Roles and Responsibilities
Under the agreement:
- Hyundai Motor Company will lead design and joint development, utilizing its global R&D capabilities and advanced mobility technologies.
- TVS Motor Company will provide its EV platform and three-wheeler engineering expertise, along with handling manufacturing and commercialization.
TVS Motor will initially cater to domestic demand while also exploring export opportunities in global markets.
Company Statements
Jungsun Ko, Senior Vice President of Corporate Strategy and Planning at Hyundai Motor Company, stated that India remains a key market, and the company is continuously exploring ways to contribute to its evolving mobility ecosystem. He emphasized that the partnership aims to improve access to safe and sustainable transportation.
Sharad Mishra, President – Group Strategy at TVS Motor Company, highlighted that the collaboration aligns with the company’s vision of enhancing quality of life through accessible and sustainable mobility. He described the agreement as an important milestone in strengthening ties with Hyundai.
Both companies have formed dedicated cross-functional teams to accelerate product development and streamline regulatory approvals.
Electric Three-Wheeler Concept Highlights
The electric three-wheeler (e3W) concept, previously showcased by the two companies, is designed specifically for urban environments:
- Optimized for narrow city streets
- Capable of handling waterlogged roads
- Triangular windscreen design
- Longer wheelbase for increased legroom
- Larger ~14-inch wheels for improved ride quality
The vehicle is expected to feature a slim instrument console displaying key information such as speed, battery level, odometer, and trip data. Additionally, the handlebar includes a central phone mount for navigation.
Comfort-focused features include a small cabin fan and even an umbrella provision for emergencies—making it practical for daily commercial use.
Focus on Last-Mile Mobility
This partnership reflects the growing demand for electric three-wheelers in India, especially in the last-mile delivery and passenger transport segments. With rising fuel costs and increasing environmental concerns, electric mobility solutions are gaining rapid traction.
