Connect with us

Hi, what are you looking for?

CleanTechnica
The partnership of Ford and India’s Mahindra & Mahindra on electric mobility will reportedly deliver its first car next year — the electric Aspire.

Clean Transport

Ford Partners With Mahindra For Electric Aspire, To Launch Next Year

The partnership of Ford and India’s Mahindra & Mahindra on electric mobility will reportedly deliver its first car next year — the electric Aspire.

The partnership of Ford and India’s Mahindra & Mahindra on electric mobility will reportedly deliver its first car next year — the electric Aspire.

Indian media house Times News Network has reported that the electric Ford Aspire is expected to be launched next year from the stable of a partnership between Ford Motors and Mahindra & Mahindra. The two automakers announced a partnership on electric mobility in September 2017. 

Ford Aspire is already a popular compact sedan in the Indian market and competes with Maruti Suzuki’s Dzire, Honda’s Amaze, and Hyundai’s Xcent. The electric Aspire is expected to be slightly longer than its petrol/diesel variant.

The electric Aspire seems a win-win for both the companies. Mahindra, while leading in electric mobility technology, has been unable to launch any popular products in the small to medium segments. It secured an order for 150 electric sedans from Energy Efficiency Services Limited. The company supplied the electric variant of its Verito sedan which has a negligible share in the Indian market. So it desperately needed a popular model to push for dominance in the passenger electric mobility segment.

Ford, on the other hand, has failed to compete aggressively with the likes of Maruti Suzuki, Honda, and Hyundai. The only segment where Ford has managed to grab market share is the compact SUV segment — with its EcoSport model.

Now, Ford & Mahindra are also partnering to launch an electric SUV. No model in this segment is currently available in India. The companies are expected to jointly develop a platform and then implement their own designs to come out with products aligned with their respectively philosophies.

Ford had earlier announced plans to invest $11 billion in the electric mobility business with a target to launch 16 electric and 24 hybrid vehicles by 2022. Mahindra, too, has announced plans to invest several million dollars to launch new products and boost production.

 
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Electrifying Industrial Heat for Steel, Cement, & More


I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. So ...
If you like what we do and want to support us, please chip in a bit monthly via PayPal or Patreon to help our team do what we do! Thank you!
Written By

An avid follower of latest developments in the Indian renewable energy sector.

Comments

You May Also Like

Cars

BYD has partnered with New Delhi based EV cab service Evera. BYD will deliver 100 e6 station wagon EVs. Evera provides app-based cab services...

Clean Power

One of India’s largest renewable energy companies, Tata Power Renewable Energy, has entered into a power purchase agreement for a solar-wind hybrid project.  The...

Clean Power

Indian solar module manufacturer Insolation Solar has secured funding from a World Bank-backed fund for expansion of its production line.  The funding was released...

Buildings

We've already manufactured an awful lot of steel. There are hundreds of billions of tons of the stuff lying around, much of it obsolete.

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.

Advertisement