JSW-MG Motor joint venture to launch 5 cars by 2025
Shortpedia
Content Team
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JSW Group and MG Motor will launch their first car, a crossover utility vehicle (CUV) named the Cloud EV, this Diwali. It should be priced under ₹20 lakh. The Indian joint venture will launch five new energy vehicles by 2025. Rajeev Chaba, CEO Emeritus of the company, stated, "The JV has approved 5 new vehicles. Two premium cars and three mass market cars. They will all be new energy vehicles including electric, mild hybrids and strong plug-in hybrid vehicles."
