Ambassador EV | Hindustan Motors is set to enter the world of electric vehicles

Hindustan Motors Ambassador EV 2022 Real Facts in Details:

Hindustan Motors' factory is reopening. Scooters and four-wheelers will be manufactured.

Hind Motors' factory is located near Uttarpara Municipality, Serampore Subdivision, Hooghly District. Production will begin this year in Hindustan Motors' Hindmotor factory. This Hindustan Motors factory produced and sold approximately 24,000 ambassadors per year in the 1980s.

As the market demand for Ambassador vehicles declined, so did Hindmotor's factory.

Simultaneously, darkness descended on the lives of factory workers, employees, and officials. This factory employed approximately two and a half thousand people in 2013. 2,000 workers volunteered the following year. That year, the factory closed. Hindustan Motors, or HM, will be sold by 2018. PSA Group purchased it. This time, they plan to launch new electric four-wheelers and scooters under the HM brand. And all of those scooters and cars will be manufactured at the Hindmotor factory.

Initially, the work will be carried out on the old Hindustan Motors factory infrastructure, which covers approximately 300 acres of land. The initial investment is estimated to be around Rs 400 crore. The factory now employs 300 people who have been there since the days of former Hindustan Motors and are paid on a regular basis. This factory will hire 600 additional workers. A large portion of them will be involved in technical work. The production of electric scooters will begin this year.

Hindustan Motors Ambassador EV 2022

Hindustan Motors Share Price Today [UPDATED]:

After releasing hindustan motors news everyone is worried about is it good to buy hindustan motors share or not. Today people is more intended to know about hindustan electric motors car company. after that hindustan motors share price is in bullish mode after a long time.

Every investors guess the hindustan motors share price target. The hindustan motors share is a good position. Here is hindustan motors share price today

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FAQs on Hindustan Motors:

1. How to Buy Hindustan Motors Share?

Ans: You can easily buy Hindustan Motors shares in Groww by creating a demat account and getting the KYC documents verified online.

2. What is the Share Price of Hindustan Motors?

Ans: The share price of any stocks is volatile and keeps changing throughout the day owing to different factors. Hindustan Motors share price is ₹16.50 as of 5 Jun ‘22.

3.  What is the PE and PB ratio of Hindustan Motors?

Ans: The PE and PB ratios of Hindustan Motors is 19.4382 and NA as of 5 Jun ‘22

4.  What is the 52 Week High and Low of Hindustan Motors?

Ans: The 52-week high/low is the highest and lowest price at which a Hindustan Motors stock has traded during that given time period (similar to 1 year) and is considered as a technical indicator. The 52 week high and low of Hindustan Motors is ₹18.15 and ₹7.10 as of 5 Jun ‘22

        

5. What is the Market Cap of Hindustan Motors?

Ans: Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Hindustan Motors is ₹361 Cr as of 5 Jun ‘22. 

6. Why did Hindustan Motors go bankrupt / Closed?

Toward the end of its lifecycle, the Ambassador failed to keep up with technology, comfort, and there were better cars on the road, so Hindustan Motors discontinued production of the Ambassador. However, the Hindustan Ambassador car may make a comeback in India in a French version.

   

7. Is the Ambassador car returning?

Ans: According to media reports, Hindustan Motors plans to reintroduce the Ambassador car to Indian roads, but with a twist: the new model will be electric / Ambassado EV.

8. Is it good to buy Hindustan Motors share?

Ans: Hindustan Motors Limited (NSE: HINDMOTORS) As on 1st Jun 2022 HINDMOTORS Share Price closed @ 16.50 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 9.87 & Strong Buy for SHORT-TERM with Stoploss of 11.95 we also expect STOCK to react on Following IMPORTANT LEVELS.

Hindustan Motors Limited at a Glance:

Founder: B. M. Birla
Founded: 1942
CEO: Prakash Sahu (15 Feb 2021–)
Headquarters: Kolkata
Parent organization: CK Birla Group
Official Website: http://www.hindmotor.com

About Hindustan Motors Limited:

Hindustan Motors Limited was founded in pre-independence Gujarat at Port Okha. In 1948, operations were relocated to Uttarpara in the district of Hooghly, West Bengal, where the iconic Ambassador was first manufactured. The company currently manufactures the Ambassador (1500 and 2000 cc diesel, 1800 cc petrol, CNG and LPG variants) in the passenger car segment and the Winner (2000 cc diesel and CNG) in the light commercial vehicle segment at its Uttarpara and Pithampur plants, which are equipped with integrated facilities such as a press shop, forge shop, foundry, machine shop, aggregate assembly units for engines, axles, etc. and a strong R&D wing.

The Uttarpara factory, popularly known as Hind Motor, is India's first and only integrated automobile plant. It also manufactures automotive and forged components. View Specifics

The company also has operations in Pithampur, Madhya Pradesh, near Indore, where it manufactures Winner 1800 cc CNG and other variants.

Hindustan Motors is dedicated to core values such as quality, safety, environmental responsibility, and holistic customer orientation.

Hindustan Motors Plants :

1. Uttarpara (West Bengal) :   The automobile division at Uttarpara is engaged in the manufacture of the iconic Ambassador and light commercial vehicle Winner. View details

2. Pithampur (Madhya Pradesh) :     The company produces 1800 cc CNG and other variants of Winner here.

Hindustan Motors Registered office:

Hindustan Motors Limited, Birla Building, 10th floor, Western Side, 9/1, R. N. Mukherjee Road,

Kolkata - 700001, West Bengal

Tel : 91-33-30533700 / 30410900

Fax : 91-33-22480055

MILESTONES of Hindustan Motors Limited:

Year 1942 -  Hindustan Motors Limited was founded in Port Okha, Gujarat, as a small passenger car assembly plant.

Year 1948 - Hindustan Motors Limited relocated its operations to Uttarpara, West Bengal, and established manufacturing facilities for cars and trucks.

Year 1971 - Hindustan Motors Limited expanded its operations by establishing an Earthmoving Equipment Division in Tiruvallur, near Chennai, Tamil Nadu, to produce earthmoving equipment such as dumpers, front-end loaders, crawler tractors, and so on.

Year 1985 - Hindustan Motors Limited established a Power Products Division in Hosur, Karnataka, to produce heavy duty transmissions for earth moving equipment.

Year 1986 - The Commercial Vehicle Division was established in Vadodara, Gujarat, to manufacture Heavy Commercial Vehicles. The project was cancelled due to an increase in project and material costs caused by adverse exchange fluctuation. The company sold a portion of this division's assets to General Motors India Limited for the production of the "Opel Astra" range of premium passenger cars.

Year 1987 - In collaboration with Isuzu Motor Company of Japan, Hindustan Motors Limited began production of petrol engines and transmissions in Pithampur, Madhya Pradesh.

Year 1996 - Hindustan Motors Limited upgraded, modernised, and expanded its three existing divisions: Earthmoving Equipment Division, Power Plant Division, and Uttarpara Plant.

Year 1997 - Hindustan Motors Limited started manufacturing the Road Trusted Vehicle.

Year 1998 - The Mitsubishi Lancer Car project has begun.

Year 2001 - Caterpillar, USA purchased the Earthmoving Equipment Division plant.

Year 2002 - Launch of the Mitsubishi Pajero in India (in collaboration with Mitsubishi Motors, Japan).

Year 2004 - AVTEC acquired the Components Business (PUP-Pithampur and PPD-Hosur).

Year 2013 - Tiruvallur will begin contract manufacturing of Isuzu's MU7 SUV and DMAX pick-up truck.

Year 2014 - The Company's Chennai Car Plant was sold.

Hindustan Motors Ambassador Reimagined as an Electric Vehicle by DC Design:

DC Design, now known as DC2, has reimagined the iconic Hindustan Ambassador as an electric concept that will be manufactured soon.

DC2 is one of India's premier automotive design houses, known for some breathtaking designs. The company has repeatedly showcased some very exciting concepts, while customised vanity vans and cars remain popular with the elite in India and abroad. Now, DC2 has revealed an entirely new concept that resurrects the iconic Ambassador in a completely new avatar. Not only has the design changed, but the Amby is now entirely electric. The electric Ambassador project fills you with nostalgia, and we spoke with Dilip Chhabria to learn more about the hot-rod concept, which we hope to see on the roads soon.

DC has released images of the electric Ambassador, and the new model resembles the icon while remaining modern. The rendering of the electric Amby is based on the Hindustan Ambassador. There are several standout elements, such as the massive chrome grille upfront with the angular LED projector headlamps, and the squared wheel arches give the model a nice look. Take note of the curved front fenders, which mimic the original design, as well as the nose-bulge on the bonnet, which brings a familiar look from the original.

The wheel arches are flared at the back, and the roofline curves into the boot for a strong appearance. This Ambassador isn't attempting to be sleek in any way, but the compact proportions do appear to be something that will be appreciated in the city. The squared taillights are all LED at the back, and the strong shoulder-line extends from the front door across the boot-lid. The render also uses chrome to frame the grille, which looks classy. Not to mention the ostentatious multi-spoke chrome wheels.

The Electric Amby is tall, which Dilip Chhabria says allowed the team to put the battery pack in the floor, resulting in a lower centre of gravity without sacrificing space. The concept version shown here is a two-door, but the production model will be a four-door, just like the original.

Mr Chhabria also informs us that the company will use carbon composite materials in the construction of the electric Amby in order to reduce overall weight without compromising the product's structural integrity. Performance figures are being kept under wraps for the time being, but we've been promised 0-100 kmph in about 4 seconds. For what was once the face of India's elite and powerful, that's nearly supercar territory.

The new e-Amby is also reminiscent of DC's hot-rod Amby concept, which was developed over a decade ago. It was the showpiece at the 2008 Auto Expo and, according to Mr Chhabria, it continues to bring in inquiries for the company.

The Hindustan Ambassador then lives in the hearts of India and its diaspora all over the world. And these will be key customers for the brand, which is looking to bring the icon back home, albeit in a more futuristic form. The electric Amby will be ready for trials in the coming weeks, and it is now the lockdown that has slowed progress. Mr Chhabria goes on to say that a Swiss company is working on the electric motors, one for each wheel, and the transmission.