JSW s agreement comes in the backdrop of Indian and global firms increasingly looking to adopt Chinese expertise in cost-efficient battery tech for electric vehicles.Ironically, efforts to reduce dependency on Chinese imports requires first obtaining advanced cell technology from China
MG Motor’s Comet EV, a small urban hatch, is likely to benefit from the government s PLI scheme due to its increased focus on localization and an Indian pedigree.The ministry of heavy industries may again review MG Motor India’s application to the PLI scheme for the auto sector
MG Motors India has shared the car sales data for April 2024. The data shared by the company depicts a decline in year-on-year & month-on-month car sales for the company last month. While the decline is just marginal the company will be looking forward to bounce back in the sales chart next month. , Car News News - Times Now