Wednesday, 10 May 2023

MG Motor's big India plans: Rs 5k cr investment, 3L cars per annum

However, the centrepiece of MG’s India expansion is increasing its EV portfolio by 2028. The company has announced that it will launch four to five new all-electric models in the country in the next five years. The new Gujarat plant will also feature a battery assembling unit to facilitate the production of EVs.

from Times of India https://timesofindia.indiatimes.com/auto/news/mg-motors-big-india-plans-rs-5000-crore-investment-three-lakh-cars-per-annum-and-more/articleshow/100126809.cms
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