Ford Motors said on Thursday it had dropped plans to make electric vehicles (EVs) in India for exports, while it explores options for its two factories in the country that stopped production last year.
Ford in September last year announced that it would stop vehicle production at its two plants in the country as part of a restructuring exercise, and said it is exploring other alternatives for its manufacturing facilities at Chennai and Sanand in Gujarat.
Following its exit from the Indian market, the government's PLI scheme offered a glimmer of hope for Ford India. The company was evaluating the possibility of
Ford had pitched itself as Tesla's global challenger in EV manufacturing but the American carmaker has now shelved all plans to make EVs in India. What went wrong?
Shelving its plans to roll out electric vehicles out of its two plants, Ford India Pvt Ltd will resume compensation talks with its workers."The management has told the workers that it has no plans to make electric vehicles in India. The .