JSW Group & SAIC Motor finalize JV; chart out future product plan

JSW MG Motor India plans to launch a new vehicle every 3-6 months, starting this festive season.

China’s SAIC Motor and the JSW Group have finalized their joint venture under the newly formed JSW MG Motor India Pvt. Ltd. (JSW MG Motor India). During an event held earlier today, the company laid out its future plan for India.

JSW MG Motor India will focus on creating a robust EV ecosystem with forward and backward integration of the supply chain. The company plans to launch a new vehicle every 3-6 months, starting this festive season. 

JSW MG Motor India will focus on EVs and plans to foray into the premium passenger vehicle segment as well. The star attraction of the event was the MG Cyberster electric sports car.

The Cyberster EV made its global debut in 2023. It is powered by either a 64 kWh battery offering a range of 520 km or a 77 kWh unit with a claimed range of 580 km. The entry-level version has a rear-mounted electric motor that produces 304 BHP, while the top-spec dual-motor version packs 528 BHP and 725 Nm. It is capable of sprinting from 0-100 km/h in 3.2 seconds.

JSW MG Motor India will be ramping up its production capacity from over 1,00,000 units to up to 3,00,000 units per annum. The company will focus on extensive localization and establishing a strong supply chain. It will also set up an R&D centre to develop connected, new-age and local mobility solutions.