Strong sales of the MG Cyberster and M9 Presidential Limousine push JSW MG Motor to the No.2 position in India's luxury EV space, with demand soaring across cities
JSW MG Motor India is eyeing the number one position in the country's luxury electric vehicle (EV) segment, banking on technological innovation, product launches and a shift in consumer preferences, a senior company official said on Wednesday. The company has already emerged as the second-largest player in India's luxury EV market and aims to take the top position by 2026, he said. "The Indian luxury car market is about 700 units a month. Our aim is to be number one in both luxury and mass categories. The luxury EV market is evolving fast, and our target is to become the number one player in 2026. In September, we sold 213 units," Milind Shah, Head of MG Select, told PTI on the sidelines of the launch of its experience centre in Kolkata, the first in the eastern region. MG Select is a designated retail channel and showroom network for luxury cars under the MG brand. Based on current industry volumes, reaching 350-plus units per month would help the company achieve the goal, he ...
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MG Motor India has announced the launch of the new Windsor Pro electric vehicle at Rs 17.49 Lakh (ex-showroom). On May 8th, the company will begin accepting orders for the first 8,000 vehicles
JSW MG Motor said its CEO emeritus, Rajeev Chaba, will continue to advise the management and shareholders as a member of the joint steering committee
The MG Windsor EV was priced between Rs 13.50 lakh and Rs 15.50 lakh and now the prices have seen an upward revision of Rs 50,000
On July 5 last year, the Uttar Pradesh government issued an order removing registration tax on strong hybrid cars, sparking a debate within the automobile industry
The MG M9, a premium electric seven-seater MPV, will be the second model sold through MG Select premium dealerships, launching in March 2025
The MG M9 will be the second model to be retailed through the MG Select premium dealerships and positioned to rival Kia Carnival
JSW MG Motor India on Wednesday reported a 55 per cent increase in sales at 7,516 units in December 2024, as compared to the year-ago month. The company recorded its highest-ever EV sales in December and NEV (new energy vehicle) sales accounted for over 70 per cent of the total sales with its crossover utility vehicle Windsor alone clocking 3,785 units, JSW MG Motor India said in a statement. Reflecting on 2024, a company spokesperson said it was a year of transformation with the successful launch of the joint venture (between JSW and China's SAIC) and refreshed brand identity, reaffirming commitment to India's automotive evolution. "Going forward, we will maintain our growth momentum while driving continuous disruption and innovation. We are committed to introducing new products every six months, alongside delivering exceptional customer service," the spokesperson added. JSW MG Motor India plans to build on this momentum into 2025 with a slew of innovations and products lined up f
The new MG Cyberster will be equipped with a 77 kWh battery pack powering two electric motors on each axle, making it an all-wheel-drive model
JSW MG Motor India today gave the first glimpse of its futuristic roadster MG Cyberster that combines the classic MG heritage with modern performance, as part of its luxury MG Select brand launch
JSW MG was the second largest electric car company in India in October, with its three models selling 4,878 units. Tata Motors was just a shade ahead with 5,067 units sold of its six models
JSW MG Motor India on Friday announced a collaboration with Vision Mechatronics for repurposing used electric vehicle batteries with a homegrown battery management system for second-life usage in large-scale energy storage. The project with Vision Mechatronics, a technology company in the field of second-life batteries, will initially focus on a UPS backup solution and the first product has been deployed for an industrial facility in Pune to demonstrate the versatility and effectiveness of second-life EV batteries. Under the collaboration, JSW MG Motor India will provide EV batteries that are no longer roadworthy, to Vision Mechatronics which in turn will repurpose it into a second-life large-scale energy storage application. "With Vision Mechatronics we have done a 36 kilowatt UPS, which is going to be for industrial application...This one is using the cells of a battery which is not being used as such in the cars. It's perfect in terms of repurposing of the battery and so this als
The collaboration aims to make EVs more accessible by allowing customers to rent batteries at a minimal usage-based cost, reducing overall running costs compared to traditional ICE vehicles
The first luxury car will be launched in the first quarter of 2025, and the company plans to open 12 MG Select showrooms
JSW MG Motor India will enter the 'accessible luxury' segment with plans to introduce four new energy vehicles in the next two years for which it is setting up a new retail channel brand, 'MG Select', according to company Chief Growth Officer, Gaurav Gupta. The company plans to set up exclusive experience centres in 12 cities across India in the first year. "With MG Select we will be bringing in four new products over the next two years to begin with," Gupta told PTI here. "We will be bringing in fresh, new platforms and products and these will be across the new energy vehicles (NEV) platform. So, it will have plug-in hybrids, hybrids and electric vehicles," said Gupta, however, he clarified that MG Select is not purely an EV channel. "The MG Select channel is for 'premium entry' of MG Motor India. It will bring in accessible luxury products for the new age customer of today," he added. At present the entry luxury car segment in India is at a price range of around Rs 45 lakh with
Parth Jindal, Director, JSW MG Motor India, indicated the company is not satisfied with being a small player in India and has introduced this pricing model, and other benefits, to disrupt the electric
It did not mention the United States, but added that sister brand IM, a luxury electric-vehicle line, also plans to enter the Mexican market