Ford and Mahindra will jointly develop new SUVs and small EVs
According to a recent disclosure by a senior official at Ford Motor Company, a new agreement has been signed by the US automaker with Indian conglomerate Mahindra Group, for jointly developing new sports utility vehicles (SUVs) and small electric vehicles (EVs).
The information about the new agreement between Ford and Mahindra was revealed by Ford India official R Kanakaraj -- the company’s General Manager of Parts, Supply and Logistics -- on Thursday, during an interaction with reporters on the sidelines of the launch of Aspire compact sedan’s new version in India.
The new Ford-Mahindra tie-up takes forward the memorandum of understanding (MoU) which was signed by the two companies in September 2017. Under the MoU, Ford and Mahindra had proposed the launch of new EVs. The companies had agreed to introduce an SUV, which is likely to be launched in the near future.
In response to questions about the agreement between Ford and Mahindra to jointly develop new EVs, Kanakaraj told the reporters that “both the teams (Mahindra and Ford) were on the job.”
Meanwhile, with regard to the launch of the new Aspire version, Kanakaraj said that the sales of the compact sedan are projected to touch 4.78 lakh units in 2018; thereby marking an increase over the vehicle’s 2017 sales figure of 4.10 lakh units.
With Germany targeting a figure of 1 million electric vehicles (EVs) cars on its roads by the year 2020, Munich-based EV start-up Sono Motors has efforts underway to launch its solar-powered electric car ‘Sion’ in 2019.
In a short video posted on Twitter, Daimler has unveiled “the very first design detail” of Mercedes-Benz’s forthcoming production version of its ‘EQC’ all-electric SUV, and has also confirmed that the full version of production EQC will be unveile
In an announcement made on August 23, Singapore-based ride-hailing company Grab has revealed that it plans to introduce 200 new electric vehicles (EVs), which will progressively hit the roads from 2019.
During the course of an interview at the 2018 Beijing Auto Show, Detlev von Platen -- Porsche’s Chief of Sales Division -- informed that Porsche is projecting electric cars will account for as much as 50% of the automaker’s vehicle deliveries by t
US electric vehicle maker Tesla Motors CEO Elon Musk shared some interesting information about the automaker’s upcoming products last week, saying that the pickup truck is his ‘favorite next Tesla product.’ The statement was made by Musk during Te
In a move which marks the latest electrification effort by UPS, the parcel delivery giant has placed an order for 1,000 electric delivery vans with Ohio-based truck manufacturer Workhorse.