Hindustan Motors intends to relaunch as an EV firm, with ambitions for electric scooters and vehicles.

Hindustan Motors intends to introduce an electric scooter in conjunction with a European Electric Vehicle (EV) business at first. Hindustan Motors, the iconic Indian carmaker, appears to be preparing a comeback, this time as an electric vehicle producer. According to reports, the business has partnered with a European electric vehicle manufacturer to produce electric scooters at its Hindmotor facility near Kolkata. The company's initial intention is to offer an electric scooter, with the possibility of eventually introducing an electric automobile.

According to the article, the two firms have already inked an Memorandum of understanding (MOU). The full treatment, however, will take around three months to complete. According to the article, Uttam Basu, director of Hindustan Motors, the business would initially produce electric two-wheelers and will subsequently launch electric vehicles. He also allegedly stated that the endeavor will begin as a 51:49 joint venture between Hindustan Motors and a European Electric Vehicle (EV) manufacturer, with Hindustan Motors holding the majority stake.

If Hindustan Motors makes a return, it might be a watershed moment in India's car sector. After decades of rich manufacturing history, the Hindmotor plant in HM ceased operations in 2014.

Hindustan Motors had a 75% market share in the Indian automobile market in the 1970s. It used to produce the renowned Ambassador automobile, which controlled Indian roadways for many years before being phased out. When lower and more economical automobiles like the Maruti 800 and other models began to appear in the nation, Hindustan Motors Ambassador began to face a serious threat. It also couldn't keep up with the fast changing technologies in the automobile industry, which led in dwindling sales and, finally, demise. In 2017, Group A purchase and sale agreement (PSA) purchased Peugeot A and the Ambassador brand from Birla Group, which controlled Hindustan Motors.

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