Both companies said together they will build the competency and technology necessary to lead the...

Both companies said together they will build the competency and technology necessary to lead the future of India's mobility market.

Photo via Satvik shahapur/Pexels. 

 

Revv, an India-based self-drive carsharing service, has expanded its services with Hyundai Motor Company.

The partnership between the two companies will consist of supporting Revv’s growing rental services, including a supply of Hyundai carsharing products, the development of new mobility service platforms, and product marketing, according to a press release.

Both companies said together they will build the competency and technology necessary to lead the future of India's mobility market.

The self-drive car rental market in India has grown exponentially, increasing from $900 million in 2016 to $1.5 billion in 2018. Currently there are 15,000 self-driving cars in India — a figure that is expected to grow to 50,000 by 2020 and to 150,000 in 2022.

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