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JSW MG, Mahindra surge ahead in EV race with new models

Financial Express Kochi

|

July 13, 2025

JSW MG Motor and Mahindra & Mahindra have emerged as the biggest gainers in the electric vehicle (EV) market in the first half of the calendar year, riding high on the success of their new models.

- VIKRAM CHAUDHARY

Their EV sales in the January-June period significantly outpaced the overall market growth of 7%, according to retail data sourced from Vahan.

JSW MG, which entered a new phase in its EV journey after its September 2024 launch as a joint venture between JSW Group and China's SAIC, sold 24,101 EVs in H1CY25, up from 7,727 units in the same period last year. The company's growth has been primarily driven by Windsor EV, which has already clocked 31,656 units since launch. In the first half of this year alone, Windsor EV accounted for the majority of JSW MG's sales, while Comet EV and ZS EV made up the rest. With Windsor EV Pro (featuring a 52.9 kWh battery) launched in May, sales are expected to remain robust. This surge has catapulted JSW MG's EV market share from 16% to 32%, making it the second-largest EV carmaker.

MEER VERHALEN VAN Financial Express Kochi

Financial Express Kochi

IMF directors urge India to replenish fiscal buffers

WHILE FISCAL CONSOLIDATION has progressed, achieving the fiscal deficit target remains challenging, necessitating disciplined spending and strengthened fiscal buffers to safeguard stability, the International Monetary Fund executive board directors in their report.

time to read

1 min

November 27, 2025

Financial Express Kochi

Change mindset for manufacturing push: Godrej

WE ARE LOOKING TO LIMIT PRICE INCREASES TO ABOUT 5-7% POST NEW BEE NORMS

time to read

1 mins

November 27, 2025

Financial Express Kochi

Google Cloud sees govt tie-ups rise

· Cybersecurity threats & DPDP compliance fuel demand surge

time to read

1 min

November 27, 2025

Financial Express Kochi

When humans & Al create value together

WE'RE AT AN inflection point.

time to read

1 mins

November 27, 2025

Financial Express Kochi

SBI’s NIM target of 3% safe even if RBI cuts rate: Setty

STATE BANK OF India is confident of achieving its 3% net interest margin (NIM) guidance even if the Reserve Bank of India (RBI) decides to cut the repo rate by 0.

time to read

1 mins

November 27, 2025

Financial Express Kochi

US-Russia talks gain momentum

A SENIOR KREMLIN official confirmed Wednesday that US special envoy Steve Witkoff is set to visit Moscow next week as efforts to find a consensus on ending the nearly four-year war between Russia and Ukraine pick up speed.

time to read

1 min

November 27, 2025

Financial Express Kochi

UK cuts tax-free allowance for cash savings

BRITISH FINANCE MINISTER Rachel Reeves delivered a budget on Wednesday that will take more tax from workers, people saving for a pension and from investors to give herself more room for meeting her borrowing targets.

time to read

1 mins

November 27, 2025

Financial Express Kochi

Reliance JV to build AI data centre

THE ANDHRA PRADESH government has assured full support for the Digital Connexion project, including assistance with land allotment, power infrastructure, connectivity,and timely clearances.

time to read

1 min

November 27, 2025

Financial Express Kochi

Indices near all-time high as bears go into hiding

· DIIs pump in ₹7 lakh crore, highest in a year

time to read

1 mins

November 27, 2025

Financial Express Kochi

When tax meets technology

Tax is one area where the govt has moved far ahead in adopting technology and digitisation. Professionals must catch up with the digital architecture in place

time to read

3 mins

November 27, 2025

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