Jose Altoveros / Mahindra, Ford | March 23, 2018 12:00
Ford and Mahindra sign MoU to develop SUVs and an electric vehicle
Ford has recently announced that they will be jointly developing new SUVs and even a small electric vehicle (EV) together with India-based manufacturer Mahindra. The announcement comes after the two signed a memorandum of understanding (MoU) to advance development of products and further strengthen their alliance which began September of last year.
“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,” said Dr Pawan Goenka, Managing Director, Mahindra and Mahindra Ltd.
Details about the Ford-Mahindra developed SUVs and the upcoming EV are scarce for now. They only mentioned that the new mid-sized SUV will be built on the Mahindra platform. However, the automakers do say the upcoming SUV will be 'sold independently by both companies as separate brands.'
Together with the mid-sized SUV, the two will also be co-developing a compact SUV and an electric vehicle as well as possibly sharing powertrain portfolios. Specifically, Mahindra will supply powertrains to extend Ford's product range likely with regards to EVs and such.
Previously, Ford also announced that they will be introducing the Bronco in 2020 together with a smaller off-road oriented SUV. It is unlikely that these two will use the Mahindra platform. Instead, the Bronco is expected to be based on an modified Ranger chassis, while the yet-to-be-named compact off-roader will be on something smaller.
The two companies did not mention when the two SUVs and the EV will be introduced. It is also uncertain whether they will be made available only in India, or be offered elsewhere globally.