The iconic Ambassador car by Hindustan Motors is back
The new car will be electric!
Hindustan Motors will collaborate with a European EV maker
Reports say the companies have signed a deal
The collaboration will be on a 51:49 ratio
The controlling stake will be with Hindustan Motors
The duo will manufacture two-wheelers first
Then, they will slowly advance to four-wheelers
The manufacturing of the electric Ambassador will be from Hindustan Motors’ Chennai plant
Ambassador dominated the car market in the 1970s
Its popularity fell with the advent of the much-cheaper Maruti 800
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