MGMotor India is planning to launch a couple of new cars in India this year. One of which will be electric vehicles.
Apart from this, MG is going to introduce several more models in India next year as well. An all-India news agency quoted Gaurav Gupta, deputy managing director of the organization, as saying in their report.
MG
Motor is bringing two new cars to India this year
MG
Motor India is moving towards increasing its market share in the electric
vehicle market in India. Currently 25% to 30% of their sales come from EV
models. And EVs account for only 2% of total vehicle sales in India. Experts
are optimistic about the progress of the segment. Many are optimistic about the
market share of electric vehicles reaching 4 percent in the near future.
This
goal could be met by mid-2025 through infrastructure development, a better
understanding of battery technology, and the introduction of new UV models by
various companies. MG Motor entered the Indian market in 2019. Currently their
portfolio includes a bunch of vehicles – Astor, Gloster, Hector 5-seater,
Hector Plus, ZS EV SUV and Comet EV.
The
Comet EV was launched last year as the cheapest e-car in India, witnessing the
success of the ZS EV launched in 2020. The price then was Rs 7.98 lakh
(ex-showroom). But recently they have reduced the price. Currently, it costs Rs
6.98 to buy it. Recently, Excite FC and Exclusive FC variants with fast
charging facility have appeared. Which are priced at Rs 8.23 lakh and Rs 9.13
lakh (ex-showroom) respectively.