MG Motor plans to launch new electric vehicles in India and invest over 5,000 crores
By 2028, MG Motor will concentrate on improving local sourcing and production across its activities as part of this roadmap.
MG Motor will increase domestic production of Electric Vehicles parts and set up a battery assembly facility in Gujarat in order to enable the wider use of electric vehicles.
The updated road map reaffirms MG Motor’s dedication to India’s goal of developing into a significant manufacturing hub.
Rajeev Chaba, president and managing director of MG Motor India, stated, “We are thrilled to launch our new business roadmap that will enable us to operate indigenously