Sajjan Jindal-MG Motor India deal: The agreement would be implemented in several phases, at the end of which MG Motor would cease to be a Chinese company.
MG Motor India Sales September 2023: Sales of EVs continue to contribute ~25% of the total sales of the company. Both the ZS EV with ADAS Level 2, and the Astor Black Storm have received positive responses from customers, the company said.
MG Motor began operations in India in 2019. At present, the company has five models being sold here and their sales number around 5,000 units per month. Two of these five models are electric vehicles (EV). Currently, 25 per cent to 30 per cent of the company s India sales are coming from the EVs, sales data showed.