Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Sign up to CarWale

Please enter your name
Please enter your mobile number
Please enter your password
Please enter your password

Mahindra and Ford join forces to build low-cost electric cars

February 28, 2018, 02:41 PM IST by Omkar Thakur
Mahindra and Ford join forces to build low-cost electric cars

Mahindra and Ford had signed an MOU in September 2017 to explore the option of working together to build low-cost electric vehicles for the Indian market. And it looks like things have been moving at a rather fast pace on that front, especially with Mahindra betting big on the electric vehicle surge in the future. 

According to sources, Mahindra has already co-developed an electric Aspire with Ford India and is considering Ford’s global EV line-up, which is one of the cheapest electrics in its portfolio. While we have no numbers to compare as such, for reference, the Mahindra e-Verito was priced close to Rs 10 lakhs when it was launched a couple of years ago. 

But, in the meantime, EV technologies as well as batteries have become cheaper than ever before, and if the economies of scale can be applied, the Ford Aspire EV can ideally be priced very close to the petrol powered car. And this would be an achievement in itself.

At the Auto Expo 2018, Mahindra had showcased their new electric platform and there might be a Ford-connection here as well. Because it is said that both the companies are working on an SUV platform that will spawn cars which have nothing in common except for the underpinnings. 

Ford has been rallying to overtake other Indian car makers in the electric race. With Maruti-Suzuki announcing its plans to go electric only by 2020, there is a chance Ford might bring the Aspire EV as early as 2019. 


Source: ET Auto

Tags:Mahindra,Ford,Ford Aspire,Mahindra EV,Ford EV
Show CommentsHide Comments
  • Upcoming Cars

Mercedes-Benz G63 AMG NewMercedes-Benz G63 AMG New

5 October 2018

3Cr - ₹ 3.50Cr
Hyundai SantroHyundai Santro

23 October 2018

4L - ₹ 5L
Kia SPKia SP

July 2019

14L - ₹ 20L
Tata HarrierTata Harrier

December 2018

10L - ₹ 16L
Mahindra XUV700Mahindra XUV700

October 2018

35L - ₹ 40L
All Upcoming Cars
Ask the experts1800 2090 230Mon-Fri (9 AM - 8 PM)
Sat (9 AM - 5:30 PM)
Sun (9 AM - 7 PM)
Toll free

Select your city to avail offers

Currently available only in