New Delhi3 minutes ago
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Korean company Hyundai Motor is preparing to enter the Indian commercial market. The company had showcased the concept models E3W and E4W at the recently held Bharat Mobility Global Expo 2025.
Hyundai has prepared these models under the company’s vision ‘Progress for Humanity’. These are designed for intra-city mobility and last-mile mobility solutions in the commercial sector.
Hyundai partnered with TVS For this, the company has partnered with Indian two-wheeler manufacturer TVS Motor. Under this partnership, both the companies will jointly manufacture electric three-wheeler (E3W) and micro 4-wheeler (E4W) vehicles.
However, till now no documents have been signed for partnership between the two companies. The companies are currently exploring possibilities where Hyundai will handle the design and development, while TVS will manage the manufacturing and distribution.