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Ford exits India again! Steps back from plans to make electric vehicles here

Shortpedia

Content Team
Image Credit: economic times

Despite receiving government clearance for production-linked incentives, Ford has cancelled ambitions to build electric vehicles in India for export. The business in September last year said that it would halt producing vehicles at its two plants in the country as part of a restructuring exercise, and said it is looking into other options for its manufacturing sites in Chennai and Sanand, Gujarat.