Automobile giant Ford has abandoned its plans to manufacture electric vehicles from Indian plants in Maraimalai Nagar near Chennai and Sanand in Gujarat. A statement revealing the change in earlier plans in India said the decision was taken after a “careful review.”
The statement said the company had decided to no longer pursue EV manufacturing for exports from any of the Indian plants. “We remain grateful to the Government for approving our proposal under the Production-Linked Incentives and for being supportive while we continued our exploration,” said the statement.
