Great comeback from Hindustan motors with the new attractive Ambassador Electric car produced with a partnership with a French Auto manufacturing company.
Hindustan Motors is well known for Ambassador fuel cars for many years due to low sales it dropped manufacturing the cars but now Hindustan Motors is planning to establish itself again in the Indian market but not a fuel car it’s an Electric car. The manufacturer is now partnering with a European Electric Vehicle manufacturer to produce Electric scooters in its plan, Reports the Times of India.
Furthermore, the company plans on expanding its operations to make Electric cars, as per a report by HT Bangla. Based on the reports two companies signed an MoU to build the partnership.
process of the partnership will be completed in around three months. The report says that the company will initially produce electric two-wheelers. The report also says that the collaboration on the upcoming project will be based on a 51:49 ratio, giving the controlling stakes to Hindustan Motors.
The new model will be manufactured at Hindustan Motors’ Chennai manufacturing plant, which is currently owned by HMFCI.
HMFCI is part of the CK Birla Group. The Chennai Plant of Hindustan Motors used to manufacture Mitsubishi cars, while the Uttarpara Plant used to manufacture Ambassador cars. The last Ambassador from Hindustan Motors’ Uttarpara plant was delivered in September 2014.
The manufacturer was deeply in debt, demand was low, and sales were poor, so the brand was sold to Groupe PSA.
Hindustan Motors had a 75% market share in the Indian automobile market in the 1970s. It used to produce the iconic Ambassador car, which ruled Indian roads for many years before being phased out. When cheaper and more affordable cars like the Maruti 800 and other models began to appear in the country, Hindustan Motors Ambassador began to face a steel challenge.
It also couldn’t keep up with the rapidly changing technology in the automotive industry, which resulted in declining sales and, eventually, discontinuation. In 2017, Groupe PSA purchased Peugeot A and the Ambassador brand from Birla Group, which owned Hindustan Motors.
Tata Ace EV small electric truck launched in India.
Can Hindustan Motors can maintain the same quality and impact as the old Ambassador cars in the Indian market.