Ford, Mahindra Developing New EV, SUVs for India
Photo courtesy of Ford.
Ford is developing two SUVs and an electric vehicle with the Mahindra Group for consumers in India and emerging markets.
Ford and Mahindra are developing a midsize and compact SUV, as well as a small electric vehicle, following demand from customers in the region, according to the automaker.
The companies will also share powertrain portfolios, including the supply of Mahindra powertrains to extend Ford’s product range, Ford said in a release. Ford and Mahindra signed five new memoranda of understanding to strengthen an alliance that was established in September 2017.
Built on the Mahindra platform, the new midsize SUV will drive engineering and commercial efficiencies and will be sold independently by both companies as separate brands, according to Ford. The two companies will also have plans to co-develop a suite of connected car solutions for consumers.
Teams from both companies will continue to collaborate and work together for the next three years to develop further avenues of strategic cooperation, which includes extending support for Mahindra in global emerging markets, including Ford’s manufacturing and distribution network; and collaborating to address future mobility needs.