MG lines up two new models for India; including an EV

MG expects the share of EVs to grow from 2% to about 4% this year.

MG Motor India has announced that it plans to introduce two new models this year, including an EV.

Gaurav Gupta, Deputy Managing Director, MG Motor India, said, “We are bringing two new cars during the second half of this year and one of them is an EV for sure. We will keep adding new products to our portfolio next year also.”

MG currently offers a wide range of products in India. This includes the Astor, Hector, Hector Plus and Gloster. The carmaker also has the Comet EV and ZS EV on sale, which are said to account for 25-30% of the brand’s total sales in India.

MG expects the share of EVs to grow from 2% to about 4% this year. EV adoption is likely to accelerate from 2025 onwards, with the segment growing to about 6-7% next year.

Source: ET Auto