TVS Motor Company Limited — Updates, 18-01-2025: Press Release

TVS Motor Company and Hyundai Motor Company are collaborating to explore new opportunities in the micromobility segment, focusing on developing and manufacturing advanced electric vehicles tailored for India. At the Bharat Mobility Global Expo 2025, they showcased innovative concept models including electric three-wheelers and micro four-wheelers aimed at enhancing urban mobility experiences. The partnership will leverage Hyundai’s design and engineering expertise alongside TVS’s manufacturing capabilities.

The electric three-wheeler concept, reflecting modern sustainability goals, boasts features suitable for diverse needs—from passenger transport to emergency response—incorporating accessibility elements like foldable seats for wheelchair users. This partnership emphasizes a proactive approach to capturing the last-mile mobility needs in one of the fastest-growing economies. With a commitment to innovation and sustainability, the collaboration is positioned to reshape the future of mobility in urban environments, presenting significant growth prospects for investors.