Ford, Mahindra alliance reflects pressure on automakers to go electric


Ford Motor Co and Indian vehicle maker Mahindra and Mahindra Ltd said on Monday they will launch a new strategic alliance, seeking technology sharing and cost saving in a range of activities from purchasing to development of electric vehicles.

The agreement comes with global automakers under pressure as policymakers demand they shift their product lines entirely to electric vehicles over the next two to three decades. At the same time, regional automakers such as Mahindra want access to technology, strong brands and global distribution.....

This article is no longer available in our repository.

There could be multiple reasons for this.