Economy, asked by dsaikia20, 8 months ago

A modern electric reincarnation of a cult Indian vehicle will be trying to ride on the success of the same name of its historical predecessor. Which vehicle?

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Answered by IamTejas
2

The Hindustan Motors' Ambassador is slated for a re-release as an electric vehicle. After the American automaker General Motors purchased Hindustan Motors, HM's factories and resources were acquired by the CK Birla Group. Now, the French Automaker, Groupe PSA is coming to India by launching their Citroen brand in India. This is happening with a Joint Venture (JV) with the CK Birla Group. So, essentially, this JV gives Groupe PSA access to the Ambassador platform and name. This means that Groupe PSA is going to produce the Ambassador. This relaunch of the Ambassador as an electric vehicle has been hinted by top Groupe PSA executives. Therefore, we can see the iconic Ambassador being relaunched as an electric vehicle (EV) by the end of 2021 or the start of 2022.

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