Ford is returning to India, but this time it’s all about electric vehicles (EVs), focusing on the future of mobility.
The company plans to set up a new manufacturing facility in India to build EVs and components.
Ford will not only cater to the Indian market but also use India as an export hub for its EVs and parts.
Ford aims to collaborate with Indian companies and form joint ventures to leverage local expertise and distribution networks.
Ford will have to navigate challenges like local regulations, infrastructure needs for EVs, and fierce competition in the Indian auto market.