TRENDING ON ONEINDIA
- Chhattisgarh Assembly Elections 2018 — Live Updates
- Banks Will Be Closed For 3 Days This Week In Some Cities
- Ban On Registration Of New Vehicles In Bangalore — Does It Really Make A Difference?
- PUBG Mobile Season 4 Arrives With M762 Rifle, Rainy Weather & More
- DeepVeer's New Wedding Pictures Are Out
- Qatar Gets Ready As Four-year World Cup Countdown Nears
- Here's A List Of Bizarre Things That People Have Stolen
- Have You Visited These Saltwater Lakes Of India?
Earlier this month, Mahindra & Mahindra and Ford have announced their strategic alliance to co-develop SUVs and electric vehicles.
According to Autocar India, the joint venture will build five all-new SUVs and an electric version of the Ford Aspire compact sedan.
The main focus of both these companies is to primarily come up with compact SUVs. Out of the five, three cars will be less than four metres long.
On the other hand, Ford is developing a car codenamed 'B763' which will go up against the likes of the Vitara Brezza. Also, the next-gen Ecosport codenamed 'B680', might launch in 2020.
Another addition to the range will be Mahindra's SsangYong Tivoli-based compact SUV codenamed 'S201', which will also wear a Ford badge. The Hyundai Creta also gets a competitor codenamed 'B563', as a mid-size SUV.
Ford's new C-segment SUV, based on Mahindra's W601 (next-gen XUV500), will be positioned above the Creta. The new W601's platform will be developed jointly by Mahindra, SsangYong and Ford.
"Today's announcement is the next step in the collaboration between Mahindra and Ford," said Dr Pawan Goenka, Managing Director, Mahindra and Mahindra Ltd. "Both teams are working together on joint development areas in keeping with industry requirements and leveraging mutual strengths. We are excited about the synergies unveiled through this collaboration and the potential opportunities it will bring."
One of the main reasons for the alliance is the development of the Ford Aspire EV that will use technology from Mahindra's EV division, Mahindra Electric. Ford will be reinforcing their line-up soon. On the other hand, Mahindra is all set to launch an updated version of the current-gen XUV500.