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Ford to reopen Chennai plant for EV exports to spearhead its global comeback

Baua Electric

Ford Explorer EV production in Cologne (Source: Ford) The source told MoneyControl that Ford will create a dedicated assembly line for EVs as “Building petrol or diesel vehicles will not be a profitable venture anymore.” Ford “realized that 2025 will be the turning point for the EV market in India,” the source added.

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Chinese-made cars account for one in five BEV sales in February in Europe | Autocar Professional

Baua Electric

In contrast, petrol cars performed almost as well as they did before the Covid-19 pandemic. This success comes at the expense of diesel cars, with the market share of these vehicles falling from 35% of registrations in February 2019 to just 15% last month. in February last year.

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