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Hyundai and TVS team up to launch India electric three wheeler for last mile delivery
Automobile
Published on 24 April 2026
Hyundai leads tech while TVS brings the electric platform
Hyundai Motor and TVS Motor have signed a joint development pact to commercialise electric three-wheelers in India, targeting improvements in last-mile transport. Hyundai will spearhead design and technology, while TVS contributes its electric platform and deep local market expertise. The partners plan to prioritise local manufacturing to cut costs and create jobs, with the first vehicle expected soon.
- Hyundai and TVS will jointly develop electric three wheelers for India
- Hyundai focuses on design and technology leadership
- TVS will provide its electric platform and local market know-how
- Local manufacturing aims to reduce costs and create jobs
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times