Hindustan Motors' iconic Ambassador sedan will likely make its comeback as an electric vehicle in India.

The brand has signed a joint venture (JV) agreement with Peugeot

It is currently working on the vehicle's design aspects and powertrain.

The new model will be manufactured at Hindustan Motors' Chennai manufacturing plant

It is currently owned by HMFCI, which is part of the CK Birla Group.

Hindustan Motors is a legendary brand in India with its popular Ambassador car

It is serving as a mode of transport for several government officials and families for decades.

The sedan was in production from 1956 to 2014.

It was discontinued due to the stringent safety and emission norms post 2010.

The rear of the sedan should be graced by split-type LED taillights.