Money
MG Motor India eyes expansion in EV segment
Upcoming launches include a mix of electric and hybrid vehicles catering to diverse consumer preferences.
Post Report
MG Motor India, in collaboration with JSW Group, is set to introduce an array of new vehicles into the Indian market over the next year, bolstering its presence and product offerings.
The announcement comes amidst a strategic push towards electrification and expansion in mass-market and premium segments.
Rajiv Chaba, president and managing director of MG Motor India, confirmed the approval for five new models slated for launch by the end of 2025.
The upcoming launches include a mix of electric and hybrid vehicles catering to diverse consumer preferences.
The highlight of the lineup is the MG Cloud EV, an electric MPV expected to debut in the festive season.
Designed on a born-electric platform, the Cloud EV promises a spacious interior and advanced features.
MG Motor India announced the Cloud EV launch following the launch of the Bingo EV hatchback, built on the Global Small Electric Vehicle (GSEV) platform, featuring a robust battery performance with up to 333 km range.
In Nepal, Paramount Motors, the authorised distributor for MG Motors, is gearing up to launch the MG Cyberster this year.
This innovative electric vehicle is poised to redefine the landscape of electric mobility in Nepal, offering unparalleled performance and futuristic design, the company said in a statement.