Its a good news for vinatge vehicle fans in India, especially the ones who loved Ambassador. Ambassador 2.0 will be back on Indian roads soon. Ambassador constructed by Hindustan motors is one of the most iconic cars of India.
Even though the car has been discontinued, a mere glimpse of the vehicle gives us a nostalgic vibe about good old days.
The Ambassador car is expected to be launched in India in a very new avatar, says Media reports. The reports further state that the car will be relaunched as an electric car and not as an ICE (Internal Combustion Engine) variant. Hindustan Motors will be collaborating with another European manufacturer in order to produce the Ambassador car. The collaboration of Hindustan Motors along with the European brand will be in 51:49 ratio. This means that the controlling stake will be with the Hindustan Motors.
The Hindustan Motors had sold the Ambassador model along with brand and rights to the Peugeot for Rs 80 crore. It was further reported that the Hindustan Motors will collaborate with Peugeot for producing electric vehicles, added the reports.
