Ford Motor Company and the Mahindra Group have announced that they will “jointly develop” new SUVs and a small electric vehicle as part of several initiatives between the two firms.
The news comes after an announcement in 2017 that the two automakers would “explore a strategic alliance”.
Ford and Mahindra have now signed five new, non-binding memoranda of understanding to “accelerate the development of key products for consumers in India and emerging markets”.
Under the initiatives, the companies plan to co-develop a midsize SUV. Built on a Mahindra platform, Ford says the proposed new SUV would be “sold independently by both companies as separate brands”.
Ford and Mahindra also agreed to evaluate co-development of a compact SUV and electric vehicle, along with sharing powertrain portfolios, interestingly including the supply of Mahindra powertrains to extend Ford’s product range.
Ryan has spent most of his career in online media, writing about everything from sport to politics and other forms of crime. But his true passion – reignited by a 1971 Austin Mini Mk3 still tucked lifeless in a dark corner of his garage – is of the automotive variety.