MG 2.0: JSW sets wheels rolling for JSW MG Motor India to give India another 'Maruti moment'

JSW Group and SAIC Motor-owned MG Motor India announced a joint venture to produce electric and internal combustion engine cars in India. With JSW's 35% stake acquisition, the partnership aims to challenge Maruti and Tata Motors' dominance in Indian markets. MG plans to capture a third of the New Energy vehicle market by 2030, focusing on EVs.

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