Sunday, December 1, 2024

After venture with MG, JSW is set to launch its own EV brand

Months after forming a $1.5 billion joint venture with China's SAIC Motor for electric vehicles, JSW Group plans to launch its own EV brand. JSW Chairperson Sajjan Jindal emphasized producing and selling in India. A new EV plant in Aurangabad will create 5,200 jobs. This move positions JSW against major competitors like Tata Motors and Mahindra.

from Auto-Industry-Economic Times https://ift.tt/PnNbCXO

No comments:

Post a Comment

Apollo Tyres to invest Rs 5,800 cr to expand capacity in Andhra Pradesh

Apollo Tyres announced a significant Rs 5,810 crore investment to expand its Andhra Pradesh manufacturing facility, aiming to boost passenge...