Hyundai and Revv to develop new mobility-sharing service platforms
The carmaker, along with Revv, will explore ways to expand the car-sharing service in India
Hyundai has announced a strategic alliance with the Revv (a car-sharing company based in India). Both the companies will work together to develop new car sharing products and new mobility service platforms.
“The mobility industry is going through a dramatic shift globally, with the bulk of the innovation still to come. We want to be at the forefront of creating innovative solutions that can meaningfully shape this shift, and Hyundai Motor will play a crucial part in this mission,” said Anupam Agarwal, co-founder at Revv.
By joining hands with the car-sharing service, this is Hyundai’s move to make sure that its products are used in a diverse way. The car maker claims that India’s car sharing platform is showing a potential growth and the 15,000 car-sharing vehicles are expected to grow to 50,000 by 2020, and 150,000 by 2022.
“We are just about to step forward and expand our business into the future mobility with Revv. Hyundai Motor India will build a prominent system with both ‘open innovation’ strategy and India’s fastest growing self-drive car-sharing company, Revv,” said Young Key Koo, managing director and CEO of Hyundai Motor India.