MG Motor India is reportedly looking to tap into the capital market or raise funds through a financial or strategic investor to support its expansion plans. According to a media report, MG plans to dilute shareholding in its fully-owned Indian subsidiary.
The British car manufacturer, MG Motor India on Thursday showcased MG Euniq 7, a new energy vehicle (NEV) with its third-generation hydrogen fuel cell technology.The Prome P390 fuel cell system built into the multi-purpose vehicle is claimed to .
Fuel cell vehicles that use hydrogen as fuel have significant advantages such as being pollution-free, high efficiency, high load, fast refuelling, and long battery life.