Tuesday, April 29, 2025

JSW MG Motors sets in motion upto $350 fund raise from PE investors

JSW MG Motor India plans to secure $300-350 million for expansion. The funds will support new models and increased capacity. This follows a financial turnaround and the success of the Windsor EV. JSW MG aims for EVs to constitute 65% of sales by 2025. The company will introduce five new models this year.

from Auto-Industry-Economic Times https://ift.tt/PJ7NpiA

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