Mahindra & Mahindra, sports utility specialist vehicle and Ford the US giant, will be entering into a strategic alliance for the areas of product development,future mobility, electric and connected vehicles.
Teams from both companies will collaborate and work together for a period of up to 3 years. According to both the companies any further strategic partnership between both the companies will be decided at the end of that period.
Both companies will join hands for shared investment, economies of scale, technology sharing and higher efficiencies in conventional areas like product development sourcing, distribution.
