MG Motor India has officially announced its joint venture with the JSW Group. The JV, which is called JSW MG Motor India, will primarily focus on bringing new energy vehicles to India. It will concentrate on creating a robust EV ecosystem, as it plans to introduce a number of electric vehicles and plug-in hybrids in India. Sajjan Jindal, Chairman of the JSW Group, stated that post September 2024, the company will introduce new models every 3-6 months. In fact, two of them are set to arrive within this year.
These models will have a high level of localisation and will be manufactured in India. To cater to this, the company plans to expand its production capacity in Halol, Gujarat. The hope is to increase production capacity to 3 lakh units annually. Currently, the capacity sits just above the 1 lakh units per annum mark.
This story is from the March 2024 edition of Auto Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the March 2024 edition of Auto Today.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
50 Shades Of Touring
Building on the core of an already capable iX the xDrive50 brings performance and touring range to BMW's flagship electric SUV
Mercedes EQS SUV To Arrive Later This Year
MERCEDES-BENZ INDIA has big plans for 2024. After achieving its highest-ever sales in 2023, the luxury carmaker has grand plans to introduce 12 new models this year including three electric vehicles and most importantly, the EQS SUV.
A HERO'S TALE: MAVRICK IN THE MAKING
Hero MotoCorp, the world's largest motorcycle and scooter manufacturer is now stepping into the world of premium motorcycles and creating waves already
Hero Vida V1 Plus reintroduced in India
HERO MOTOCORP has relaunched the V1 Plus variant of the company’s electric scooter.
Geneva returns to the motor show calendar
The Geneva International Motor Show Is back to Switzerland and Anagh Bhaskar brings you the highlights
Winds of change
Join us on a 10,000km journey with the Mahindra XUV700 across the country as Dipayan Dutta and Dhruv Saxena share stories of extraordinary women who have gone against the grain to fight for what they believe in
Jaw(a)line Adjustment
Can the significantly updated Jawa finally come out as a real contender in the heavily contested 350cc motorcycle space? We took it out for a spin recently to find out
BYD Seal arrives in India
This is the third product from the Chinese automaker, the first two being the Atto 3 electric SUV and eé electric MPV. Abhinav Jakhar takes a closer look at the Seal
The emperor's new clothes
Hyundai has launched the Creta in N Line guise. So what does it offer and why you should get one? We find out
MG Motor's fresh aspirations
The joint venture between MG Motor India and JSW Group has been a long time coming, but it's finally here. SAlC-owned MG has laid out a plan for the future. Abhinav Jakhar brings you all the details