MG Motor India will drive an electric vehicle estimated between Rs 10-15 lakh before the finish of the next fiscal to fire up its play in the country’s electric versatility space. The organization which presently sells the MG ZS EV will dispatch an electric hybrid vehicle dependent on a worldwide stage yet redid for the Indian market as its next new item.
MG Motor India likewise reported that the new electric hybrid from the organization will be a reasonable contribution that will focus on the mass market fragment comprising of the Tata Tigor EV, and the Tata Nexon EV as of now.
Rajeev Chaba, President and MD, MG Motor India said, “Our next item after SUV Astor, we have been contemplating an EV and presently we have been exceptionally supported by the outright clearness from the public authority that EV is the best approach.
It is really a sort of a hybrid and this will be founded on a worldwide stage that we will create and this will be an EV for the mass market of the multitude of developing business sectors, including India.
We will tweak this vehicle for the reach and the Indian guidelines and client taste. It will be uniquely customized for India. We will begin chipping away at it at the present time.”
Chaba further added that the company is optimistic about the plan for a new electric crossover for India.
An affordable electric car in the range of Rs 10-Rs 15 lakh could generate a good number of volumes, considering the MG ZS EV generates about 400-500 bookings per month. Chaba further said in order to meet the government’s guidelines for the production linked (PLI) scheme for the auto sector, MG Motor India will localize a lot of parts for its next EV.
These would include battery assembly, motors, and localization of other parts, he added. MG Motor India’s other offering in electric mobility, the ZS EV, is available in two variants priced at Rs 21 lakh and Rs 24.68 lakh (ex-showroom).
