Ford Bets Big on India Expansion Amid Electric Vehicle Setbacks

In a strategic pivot that defies current industry trends, Ford Motor Company is channeling substantial resources into conventional vehicle production within one of the world’s most promising automotive markets. The automaker’s recent $366 million commitment to revitalize manufacturing operations in Tamil Nadu, India, signals a potential strategic realignment as it navigates significant challenges in its electric vehicle division.

The decision to reactivate Ford’s previously idled Chennai facility comes during a pivotal moment for the company. While projecting substantial electric vehicle segment losses between $5 billion and $5.5 billion for 2025, the automaker is simultaneously directing hundreds of millions toward new internal combustion engine production. The renovated plant is scheduled to achieve Read more...