MG Motor India has introduced the 100-year Special Edition variants of its well-liked models, Comet, Astor, Hector, and ZS EV in India. Although the models retain their specifications, features, dimensions, and performance, they receive some design modifications like the addition of an ‘Evergreen’ exterior with a starry black finished roof and dark elements throughout. The … Read more
Home Business JSW MG Motor India Plans To Sell Million Electric Vehicles By 2030; To Invest Rs 5,000 cr A JSW executive said that, a JSW Group and MG Motor joint venture aims to have sold 1 million electric vehicles in India by 2030 and to corner a third of the market. JSW MG Motor … Read more
JSW MG Motor India Pvt Ltd – the newly formed entity owned by Sajjan Jindal owned JSW Group and SAIC’s MG Motor India – plans to sell a million units of the new energy vehicles (NEVs) by 2030, said Sajjan Jindal, chairman JSW Group. “With MG we can create a new energy Maruti moment, Jindal … Read more
MG Motor India has recently secured the trademark for ‘Excelor EV’ in the Indian market, sparking speculations about the manufacturer’s plans for a new electric vehicle (EV) launch on our shores. At present, the company has two electric models in its India portfolio, the ZS EV and the affordable Comet. The carmaker filed the trademark … Read more
In recent years, diversity and inclusion have gained significance in India’s automotive and manufacturing sector, with an increasing number of companies wanting to create an equitable workplace. As part of its commitment towards gender diversity, MG Motor India presently runs the ‘Drive Her Back’ initiative, an employment program that aims to empower experienced and qualified … Read more
MG Motor India has announced the launch of the MG Comet EV with a fast charging option. The variants for the EV have been rejigged and the company has also introduced new features for two new variants. Prices for the Comet EV now start from Rs 6.99 lakh and go up to Rs 9.14 lakh … Read more
Carmakers Tata Motors, MG Motor India and Mahindra & Mahindra are narrowing the price gap between their electric vehicles and petrol and diesel models amid softening battery prices, but luxury carmakers do not expect such price parity any time soon. That is mainly because luxury battery electric vehicles (BEVs) are mostly imported into India, attracting … Read more
MG Motor is looking at rationalising trims and prices across its range of vehicles on sale in India to help shore up volumes in the domestic market by 25-30% this year. “The idea is not to reduce prices but rather to pack features and offer vehicles at price points which will enhance the value proposition … Read more
Mumbai: MG Motor India, the SAIC-owned British brand, plans to launch seven new models in the Indian market over the next couple of years, the company told a group of dealers invited to its headquarters in Shanghai within days of stitching a joint venture with the Sajjan Jindal-owned JSW Group. A spokesperson at MG Motor … Read more
Sajjan Jindal’s JSW Group buying a 35% stake in MG Motor India is a win-win deal for both. MG Motor India is a British brand owned by China’s SAIC. The company had a good start with the launch of its first product SUV Hector in 2019. Though it has a minuscule share in India’s auto … Read more