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

Indian car dealers' sales unexpectedly drop in December, industry body says

Indian car dealers experienced a 2% drop in December sales. Discounts and new product ranges helped some, yet overall demand lagged. Novembe...